Disney posted strong results for its fiscal second quarter Wednesday, beginning the Josh D'Amaro era with a bang. Total revenue increased 7% from the year-ago period to reach almost $25.2 billion. Earnings per share, excluding certain items, came in at $1.57. Both metrics topped Wall Street analysts' consensus forecasts.
Shares have tumbled 12% in 2026, dragged down by concerns about slow earnings growth and macro headwinds.
Disney will report its fiscal second-quarter earnings before the bell on Wednesday. It's the first report since Josh D'Amaro took over as CEO in March.
Just weeks after stepping into the corner office, Disney CEO Josh D'Amaro made his first decisive—and controversial—move. He announced the layoff of 1,000 employees, most impacting marketing functions, as it consolidates company-wide brand-building efforts under the recently promoted chief marketing and brand officer, Asad Ayaz.
Investors are watching Disney (NYSE:DIS | DIS Price Prediction) ahead of fiscal Q2 2026 results due before the bell tomorrow, May 6.
The Walt Disney Company is set to report earnings Wednesday for the first time under new CEO Josh D'Amaro, with traders expecting a big move in the entertainment giant's stock after the results.
DIS heads into fiscal Q2 earnings with improving streaming profitability, but higher sports costs and Experiences expenses may pressure margins.
The communication services sector is a concentration bet dressed up as diversification.
Get a deeper insight into the potential performance of Disney (DIS) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Crowds and high ticket prices have plagued Disney's domestic theme parks for years. In a time when everything is getting more expensive, it seems that the average American family is getting priced out of a day at Disneyland in Anaheim, California, or Walt Disney World in Orlando, Florida.
Sometimes, belting out the greatest hits isn't necessarily the best strategy for a veteran performer who's long been in the spotlight and now is facing tired audiences and increasing critical backlash over other parts of the act. Take the president's latest reading of his familiar script about ABC late-night comedian Jimmy Kimmel.
In the most recent trading session, Walt Disney (DIS) closed at $103.75, indicating a +2.42% shift from the previous trading day.