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Can Travel Sites Beat Market Expectations?

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Disney (DIS) Releasing: 8/8/17 AMC

The Estimize consensus calls for EPS of $1.57, two cents higher than the Wall Street’s consensus of $1.55. Currently, the Estimize community is looking for revenues of $14,557M, slightly higher than the Street’s expectation for $14,442M.

Despite Disney’s popularity among adults and children alike, its stock has been trading at the same price since early 2015, a concerning statistic for investors. However, Disney’s bottom line is projected to grow from $5.72 per share to $8 per share. Unlike most stock’s where looking at the stats could tell us all we need to know, Disney’s intangible factors could play a huge role in its futures stock growth. For example, Disney’s CEO, Bob Iger is set to leave Disney in July 2019; who will take over could for sure impact the stock. Likewise, Disney’s recent movies have not been raking in the revenue that its originals have. To top things off, Disney’s ESPN franchise has been going through some major changes lately, including firing 100+ employees to accommodate the changing media market. Regardless, Disney may still be a long term...