Disney (DIS, Financial) is set to announce its fourth-quarter earnings on November 14. Analysts anticipate a 6.4% year-over-year increase in sales, reaching $22.44 billion, with earnings per share expected to rise by 32.9% to $1.09.
The company's experiences division, which includes theme parks, hotels, cruises, and related products, will be a key area of interest. Recent challenges such as hurricanes forcing the closure of Disney theme parks in Florida and consumer fatigue from inflation have led to weaker performance in this segment.
Disney previously warned of a "single-digit mid-term" decline in operating income from theme parks due to reduced visitor numbers and consumer spending. Rising operational costs, particularly in domestic parks, and pre-launch expenses for upcoming cruise projects have also dampened investor sentiment.
Additionally, modest expectations for Disney+ subscriber growth have further impacted market sentiment, overshadowing the company's progress in achieving profitability in its streaming business.
