Will There Be Magic In Disney's Results?

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Shares of Walt Disney Co DIS were slightly up Monday as the company prepares to report its second quarter financial results on Tuesday before the bell.

According to Estimize, the Street expects to see flat year-over-year earnings of $1.11 per share on revenue of $12.239 billion, compared to the $1.11 per share (on revenue of $11.649 billion) reported in the second quarter of 2014.

The crowd (76 estimates in consensus) is more bullish on Disney, and projects earnings of $1.17 per share on revenue of $12.471 billion.

The chart below features a history of Disney’s actual earnings versus consensus estimates.

Related Link: 'Avengers: Age Of Ultron' Scores 2nd-Best Opening Weekend Of All Time

The company has a history of either meeting or beating Wall Street estimates over the past eight quarters.

Another graph shows how consensus has evolved over time.

Since January, the crowd has become increasingly bullish, same as the Street, although the latter showed a smaller increase.

Movie Time

In a report published Monday, analysts at UBS reiterated a Buy rating on Disney, while boosting the price target from $116 to $125. The FY15 estimates were also lifted following the better-than-expected performance of "Cinderella" and "Avengers: Age of Ultron."

“The analysts expect the company to benefit from the digital sales of the first six ‘Star Wars’ films. In addition, the worldwide box office sales of ‘Star Wars: The Force Awakens,’ as well as royalty inputs from Theme Parks, have led the analysts to raise their estimates for FY16 as well. UBS now expects the company to deliver EPS growth of 16 percent through 2015 and 2016.”

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Posted In: Analyst ColorPreviewsCrowdsourcingAnalyst RatingsTrading IdeasGeneralAvengers: Age Of UltronCinderellaEstimizeStar Wars Episode VIIUBS
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