Walt Disney Company (The) (DIS) Earnings Date & Reports

Key Takeaways

• Disney is scheduled to report fiscal fourth quarter 2026 results before the market opens on Tuesday, November 17, 2026.
• Wall Street consensus points to earnings of roughly $1.68–$1.69 per share on revenue near $25.2 billion, up sharply from $1.11 per share and $22.46 billion a year earlier.
• Disney has beaten the consensus earnings-per-share estimate in eight consecutive quarters, most recently posting $2.06 in the fiscal third quarter of 2026.
• Investors will focus on direct-to-consumer (DTC) streaming profitability, Disney+ subscriber trends, and the health of the Experiences (parks and consumer products) segment.
• The report also closes out Disney's full fiscal year 2026, putting the company's full-year guidance and forward commentary in the spotlight.

Earnings Context and Why It Matters

Disney's fiscal fourth quarter closes out the company's fiscal year, making the November 17 release a comprehensive check on both quarterly momentum and full-year execution. The company has spent recent years rebuilding its streaming business toward sustained profitability while managing softness and shifting consumer demand across its domestic and international parks. With a media landscape pressured by cord-cutting and rising content costs, investors are watching whether Disney can keep growing earnings while holding margins in Experiences. The quarter also typically captures important summer park attendance and box-office performance, giving the report broader read-through for consumer spending trends across entertainment and travel.

Earnings Expectations

Analysts expect Disney to report earnings of approximately $1.68 to $1.69 per share on revenue of about $25.2 billion for the fiscal fourth quarter of 2026. That compares with $1.11 in earnings per share and $22.46 billion in revenue in the same quarter last year, implying expected year-over-year earnings growth above 50% and revenue growth in the low double digits.

For context, Disney delivered $2.06 in earnings per share in the fiscal third quarter of 2026, beating the $1.86 consensus estimate, though revenue of $25.25 billion came in slightly below expectations. The company has topped consensus earnings per share in eight straight quarters, a streak that raises the bar for this report. Management has also guided full fiscal year 2026 earnings per share to approximately $6.64.

Beyond the headline numbers, investors will scrutinize DTC segment operating income, Disney+ subscriber counts, average revenue per user (ARPU), and Experiences segment operating income, alongside any updated commentary on full-year 2027 expectations.

AI Screener

Tickeron's AI Screener is an AI-powered stock and ETF discovery tool designed to help traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener can help identify trade ideas, trending stocks, breakout candidates, and emerging market opportunities more efficiently than manual screening. For investors tracking media and entertainment names ahead of earnings events like Disney's, the AI Screener offers a structured way to surface candidates that match specific technical and fundamental criteria.

Market Reaction and Investor Sentiment

Sentiment heading into the release reflects cautious optimism, supported by Disney's consistent earnings-per-share beats but tempered by occasional revenue shortfalls. The stock has historically shown a tendency to react to streaming profitability commentary and subscriber figures more than the raw top-line result. Key risk factors include any signs of slowing park attendance, weaker-than-expected Disney+ net additions, or softer advertising revenue in linear networks. Investors will also weigh management's tone on the macroeconomic backdrop, as elevated consumer costs and travel demand trends can directly influence the Experiences segment, which has been a significant profit driver for the company.

Forward Outlook and Key Factors to Monitor

Following the report, investors should pay close attention to the company's forward guidance and management commentary on several fronts. First, the trajectory of the direct-to-consumer streaming business remains central, including whether Disney+ sustains subscriber growth and whether the segment continues to expand operating margins.

Second, the Experiences division will be a focal point. Commentary on domestic and international park attendance, per-capita spending, and cruise expansion plans will offer clues about demand durability heading into fiscal 2027.

Third, cost and content dynamics matter. As streaming competition intensifies, investors will watch how Disney balances content investment against profitability targets, as well as any commentary on linear networks and advertising trends.

Finally, the full-year 2027 outlook will set the tone. Any updated earnings-per-share guidance, free cash flow expectations, or capital allocation commentary around share repurchases and the dividend could shape sentiment well beyond the immediate earnings reaction. As always, these factors should be considered alongside the company's actual reported results and guidance rather than treated as forecasts.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations