2024 Will Be A Magical Year For Disney (NYSE:DIS)

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2024 Will Be A Magical Year For Disney (NYSE:DIS)

The Walt Disney Company is expected to announce Q1 financial results for FY2024, showing the effects of the company's ongoing transformation.
Analysts forecast Q1 revenue of $23.82 billion, a modest increase of 1.3% compared to the previous year.
Q1 earnings per share is expected to be $0.90, well above the $0.70 per share reported in the same quarter the previous year.
Streaming services, including Disney+, ESPN+, and Hulu, continue to be a growth opportunity for the company.
Theatrical distribution and theme park operations have been impacted by the COVID-19 pandemic, but are showing signs of recovery.

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