Wall Street analysts expect Walt Disney (DIS) to post quarterly earnings of $1.89 per share in its upcoming report, which indicates a year-over-year increase of 17.4%. Revenues are expected to be $25.41 billion, up 7.4% from the year-ago quarter.

The current level reflects a downward revision of 1.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

In light of this perspective, let's dive into the average estimates of certain Disney metrics that are commonly tracked and forecasted by Wall Street analysts.

Analysts forecast 'Revenue- Entertainment' to reach $11.78 billion. The estimate indicates a year-over-year change of +10.1%.

Analysts' assessment points toward 'Revenue- Sports' reaching $4.55 billion. The estimate indicates a year-over-year change of +5.7%.

The combined assessment of analysts suggests that 'Revenue- Experiences' will likely reach $9.74 billion. The estimate indicates a change of +7.2% from the prior-year quarter.

The consensus among analysts is that 'Revenue- Entertainment- Other' will reach $589.37 million. The estimate suggests a change of +1239.5% year over year.

The consensus estimate for 'Revenue- Experiences- Theme park admissions' stands at $3.08 billion. The estimate suggests a change of +2.9% year over year.

According to the collective judgment of analysts, 'Revenue- Experiences- Parks & Experiences merchandise, food and beverage' should come in at $2.19 billion. The estimate indicates a change of +2.1% from the prior-year quarter.

The average prediction of analysts places 'Revenue- Experiences- Resorts and vacations' at $2.88 billion. The estimate indicates a change of +21.4% from the prior-year quarter.

The collective assessment of analysts points to an estimated 'Parks - Per Capita Guest Spending - Domestic Resorts' of 3.0%. Compared to the current estimate, the company reported 8.0% in the same quarter of the previous year.

Analysts expect 'Hotels - Occupancy - Domestic Resorts' to come in at 85.5%. Compared to the present estimate, the company reported 86.0% in the same quarter last year.

Based on the collective assessment of analysts, 'Hotels - Occupancy - International Resorts' should arrive at 86.5%. Compared to the present estimate, the company reported 87.0% in the same quarter last year.

It is projected by analysts that the 'Available Hotel Room Nights - International Resorts' will reach 794.96 thousand. Compared to the current estimate, the company reported 791.00 thousand in the same quarter of the previous year.

Analysts predict that the 'Available Hotel Room Nights - Domestic Resorts' will reach 2.58 million. Compared to the current estimate, the company reported 2.57 million in the same quarter of the previous year.

View all Key Company Metrics for Disney here>>>

Over the past month, shares of Disney have returned -3.4% versus the Zacks S&P 500 composite's -0.5% change. Currently, DIS carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 

The Walt Disney Company (DIS): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research