Disney is poised to announce its fiscal first-quarter earnings before the market opens on Wednesday. Analysts, as surveyed by LSEG, anticipate the entertainment giant to declare earnings per share of $1.45 alongside projected revenue of $24.62 billion. The company's leadership will further elucidate these results during a conference call scheduled for 8:30 a.m. ET. This earnings report comes at a crucial time as investor attention zeros in on subscriber growth within Disney's streaming services, particularly in light of recent subscriber surges reported by its competitors.
In recent weeks, Netflix has set a high bar by surpassing 300 million paid memberships, having added a record 19 million subscribers in its latest quarter. This development places Disney's streaming business under a microscope, with analysts and investors eager to see if the company can mirror similar growth and profitability. Disney has signaled expectations of progress in its streaming division, which will be essential to assuage investor concerns about keeping pace with industry rivals.
However, Disney's focus is not solely on its streaming services. The company's theme parks segment, which has received considerable investment in recent quarters, remains another area of keen interest to stakeholders. Investors will be watching closely to see if these investments translate into tangible growth and profitability within the theme parks business, which has long been a cornerstone of Disney’s operations.
Leadership transitions at Disney also draw considerable attention. CEO Bob Iger is anticipated to relinquish his role in early 2026, and the company's succession strategy has been a topic of much speculation. While Disney has yet to disclose who will succeed Iger, they have indicated that an announcement regarding his replacement will be made closer to his planned departure date. This pending transition adds another layer of complexity as investors weigh the company's long-term strategic direction and leadership stability.