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Walt Disney Earnings Could Jolt These ETFs

Walt Disney Company The NYSE:DIS, SPDR Consumer Discretionary Select Sector Fund ETF ETF:XLY - Walt Disney Earnings Could Jolt These ETFs

Walt Disney Co DIS 0.11% is expected to post its quarterly earnings at $1.42 per share on revenue of $13.23 billion when those results are delivered after Tuesday's close.

At time of writing, shares of Walt Disney were up about a half of a percent on the day after earlier touching an all-time high. The stock is up 29.5 percent year-to-date, making it one of just three of 30 Dow members to post a 2015 gain of at least 20 percent.

With its soaring market value, now nearly $207 billion, the owner of the ABC and ESPN networks is taking on an increased role of importance in various exchange traded funds, meaning its earnings update and guidance from Disney has the potential to move several well-known ETFs.

The Standard ETF

Investors looking for an ETF proxy on Disney need not look any further than standard, market cap-weighted consumer discretionary funds, including the Consumer Discretionary Select Sector SPDR XLY 0.15%. XLY, the largest and most heavily traded...


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