Disney (DIS) earnings Q2 2026
Josh D’Amaro, president of Disney Experiences, speaks at the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed land on December 19, 2023 in Shanghai, China.
VCG | Visual China Group | Getty Images
Disney It will report second-quarter financial results before the bell on Wednesday. This will be the first earnings call led by Josh D’Amaro since the former parks executive took over as CEO in March.
Under the new CEO, who replaced Bob Iger after two stints at the helm spanning nearly 20 years, Disney has already gone through a series of layoffs and faces growing political pressure around late-night TV host Jimmy Kimmel.
“This earnings release marks Disney’s first real internal check under D’Amaro’s leadership and a test of how its theme parks roots are reflected in the rest of the business,” said Mike Proulx, director of research at Forrester. “Streaming is still the main event, but the market is strengthening. A potential combination of Paramount+ and HBO Max would reset the competitive calculus for Disney+.”
Broadcast and TV results wiped out much of the focus of media investors as the industry faces significant turmoil and consolidation.
Here’s how Disney is expected to perform. fiscal second quarter, According to LSEG:
- Earnings per share: $1.49 expected
- Revenues: 24.78 billion dollars is expected
Last quarter, Disney stopped reporting some details about its entertainment segment, which consists of traditional TV, streaming and theatrical releases, including a breakdown of revenue and operating income for each segment. The company also stopped reporting quarterly streaming subscriber numbers.
The consumer shift from pay TV packages to streaming has been putting pressure on media companies for years; Both distribution and advertising profits are constantly falling. Still, traditional TV remains a source of cash, and investors want to see how and when streaming can offset those declines.
Updates on the status of Disney’s theme parks, which are part of its experience unit and the company’s profit driver, will also be of particular interest on Wednesday.
In February, Disney released second-quarter guidance that called for “modest” growth in operating income for its experiences division due to international visitation tailwinds at local parks. This forecast was published before the United States and Israel attacked Iran nearly two months ago, causing a rise in oil prices.
This story is developing. Please check back for updates.
