DIS - Walt Disney Stock Declines While Market Improves: Some Information for Investors | Benzinga
Walt Disney (NYSE: DIS) ended the recent trading session at $112.08, demonstrating a -0.58% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.32%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq added 0.35%.
The entertainment company's shares have seen a decrease of 7.87% over the last month, not keeping up with the Consumer Discretionary sector's loss of 6.24% and the S&P 500's loss of 2%.
Market participants will be closely following the financial results of Walt Disney in its upcoming release. The company plans to announce its earnings on May 7, 2024. The company's upcoming EPS is projected at $1.09, signifying a 17.2% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $22.11 billion, indicating a 1.34% upward movement from the same quarter ...