Walt Disney Co DIS shares are trading lower by $0.32 at $105.22 in Monday's session. The company will announce Q1 earnings after the bell on Tuesday. Street estimates stand at $1.40 for EPS on revenues of $13.21 billion.
Ahead of the report, the issue rallied to its highest level for the year ($106.68), which was just under its December 30 ($107.21) high, but has been unable to hold that level.
After making that high, it has fallen back under the close ($105.54) and has found intra-day support at $104.97 and is attempting to remain in the $105 handle.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
