Walt Disney Company (The) (NYSE:DIS) will announce its earnings results after the market closes on Tuesday, August 8th. Analysts expect the company to announce earnings of $1.58 per share for the quarter.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings data on Tuesday, May 9th. The entertainment giant reported $1.50 EPS for the quarter, topping the consensus estimate of $1.45 by $0.05. The company had revenue of $13.34 billion for the quarter, compared to the consensus estimate of $13.44 billion. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.63%. Walt Disney Company (The)’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period last year, the business posted $1.36 EPS. On average, analysts expect Walt Disney Company (The) to post $5.90 EPS for the current fiscal year and $6.70 EPS for the next fiscal year.

Walt Disney Company (DIS) opened at 107.69 on Monday. The stock has a market capitalization of $168.52 billion, a P/E ratio of 18.78 and a beta of 1.40. The firm’s 50-day moving average price is $106.01 and its 200 day moving average price is $109.39. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10.

The company also recently announced a Semi-Annual dividend, which was paid on Thursday, July 27th. Shareholders of record on Monday, July 10th were given a $0.78 dividend. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s payout ratio is 27.18%.

A number of brokerages have issued reports on DIS. Bank of America Corporation set a $125.00 target price on Walt Disney Company (The) and gave the company a “hold” rating in a research report on Saturday, June 24th. Guggenheim reissued a “buy” rating and issued a $122.00 target price (down previously from $128.00) on shares of Walt Disney Company (The) in a research report on Wednesday, July 12th. Credit Suisse Group reaffirmed an “outperform” rating and set a $125.00 price objective on shares of Walt Disney Company (The) in a research report on Tuesday, July 25th. Wells Fargo & Company reaffirmed a “market perform” rating and set a $111.00 price objective on shares of Walt Disney Company (The) in a research report on Wednesday, May 10th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $124.00 price objective on shares of Walt Disney Company (The) in a research report on Tuesday, April 11th. Six research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seventeen have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $115.95.

In related news, Director Susan E. Arnold sold 12,143 shares of the stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $109.02, for a total transaction of $1,323,829.86. Following the completion of the transaction, the director now directly owns 48,673 shares of the company’s stock, valued at $5,306,330.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Robert A. Iger sold 797,578 shares of the stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the transaction, the chairman now directly owns 1,566,484 shares of the company’s stock, valued at $164,621,803.56. The disclosure for this sale can be found here. Corporate insiders own 0.38% of the company’s stock.

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Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Earnings History for Walt Disney Company (The) (NYSE:DIS)

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