Walt Disney (DIS) Q4 Earnings Preview: Streaming Growth Offsets Traditional Weakness
Walt Disney prepares to report fourth-quarter earnings amid a 5% stock rally in 2025, fueled by streaming subscriber growth and aggressive cost management. Bernstein maintains an Outperform rating ahead of results, citing progress in streaming margins and parks performance.
Analysts project $1.04 EPS on $22.76 billion revenue, with investor focus locked on streaming profitability guidance and 2026 park demand outlook. The company's pivot toward digital distribution continues to offset linear TV declines, though macroeconomic pressures linger in consumer discretionary segments.