Wall Street expects Disney to report $1.56 billion in profit on $19 billion in revenue for the fourth quarter.
Disney's fourth-quarter earnings report Thursday will land just five days before the company releases its highly anticipated streaming platform Disney Plus. Wall Street has been evaluating the media conglomerate's billion-dollar effort to break into the direct-to-consumer video space much more closely in recent months. Investors and analysts will be looking for guidance on how many subscribers Disney expects to bring onto the services in the coming quarters.
Disney's fourth-quarter earnings report Thursday will land just five days before the company releases its highly anticipated streaming platform Disney Plus. Wall Street has been evaluating the media conglomerate's billion-dollar effort to break into the direct-to-consumer video space much more closely in recent months. Investors and analysts will be looking for guidance on how many subscribers Disney expects to bring onto the services in the coming quarters.
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