Q4 2017 EPS Estimates for Walt Disney Company (The) Cut by Analyst (DIS)

Walt Disney Company (The) (NYSE:DIS) – Jefferies Group cut their Q4 2017 EPS estimates for shares of Walt Disney Company (The) in a report released on Friday. Jefferies Group analyst J. Janedis now anticipates that the entertainment giant will post earnings per share of $1.11 for the quarter, down from their previous forecast of $1.27. Jefferies Group has a “Hold” rating and a $103.00 price target on the stock. Jefferies Group also issued estimates for Walt Disney Company (The)’s Q1 2018 earnings at $1.72 EPS, Q2 2018 earnings at $1.62 EPS, Q4 2018 earnings at $1.26 EPS, FY2018 earnings at $6.43 EPS, Q1 2019 earnings at $1.71 EPS, Q2 2019 earnings at $1.68 EPS, Q3 2019 earnings at $1.84 EPS and Q4 2019 earnings at $1.38 EPS.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same period in the previous year, the company earned $1.62 EPS. The business’s quarterly revenue was down .3% compared to the same quarter last year. COPYRIGHT VIOLATION WARNING: This news story was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/09/q4-2017-eps-estimates-for-walt-disney-company-the-cut-by-analyst-dis.html.

Other equities research analysts also recently issued research reports about the stock. Bank of America Corporation set a $125.00 target price on shares of Walt Disney Company (The) and gave the stock a “hold” rating in a research report on Saturday, June 24th. BMO Capital Markets restated an “underperform” rating and set a $90.00 price target (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. FBR & Co restated a “hold” rating and set a $97.00 price target on shares of Walt Disney Company (The) in a research note on Friday, September 8th. Guggenheim restated a “buy” rating and set a $122.00 price target (down previously from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Finally, Credit Suisse Group restated an “outperform” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, July 25th. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating and nineteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $113.92.

Shares of Walt Disney Company (NYSE:DIS) opened at 100.07 on Monday. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The stock has a market capitalization of $154.46 billion, a PE ratio of 17.75 and a beta of 1.40. The company’s 50-day moving average is $99.91 and its 200-day moving average is $106.38.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction dated Thursday, August 10th. The stock was bought at an average cost of $102.34 per share, with a total value of $99,883.84. Following the acquisition, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 13.00% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the company. Lee Financial Co lifted its holdings in shares of Walt Disney Company (The) by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after acquiring an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. bought a new position in shares of Walt Disney Company (The) during the 1st quarter worth about $144,000. Krilogy Financial LLC lifted its holdings in shares of Walt Disney Company (The) by 13.2% during the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after acquiring an additional 166 shares during the period. IHT Wealth Management LLC lifted its holdings in shares of Walt Disney Company (The) by 34.3% during the 2nd quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock worth $152,000 after acquiring an additional 3,923 shares during the period. Finally, BDO Wealth Advisors LLC bought a new position in shares of Walt Disney Company (The) during the 2nd quarter worth about $153,000. 61.38% of the stock is owned by institutional investors.

About Walt Disney Company (The)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consu

Walt Disney Company (The) (NYSE:DIS) – Jefferies Group cut their Q4 2017 EPS estimates for shares of Walt Disney Company (The) in a report released on Friday. Jefferies Group analyst J. Janedis now anticipates that the entertainment giant will post earnings per share of $1.11 for the quarter, down from their previous forecast of $1.27. Jefferies Group has a “Hold” rating and a $103.00 price target on the stock. Jefferies Group also issued estimates for Walt Disney Company (The)’s Q1 2018 earnings at $1.72 EPS, Q2 2018 earnings at $1.62 EPS, Q4 2018 earnings at $1.26 EPS, FY2018 earnings at $6.43 EPS, Q1 2019 earnings at $1.71 EPS, Q2 2019 earnings at $1.68 EPS, Q3 2019 earnings at $1.84 EPS and Q4 2019 earnings at $1.38 EPS.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same period in the previous year, the company earned $1.62 EPS. The business’s quarterly revenue was down .3% compared to the same quarter last year. COPYRIGHT VIOLATION WARNING: This news story was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/09/q4-2017-eps-estimates-for-walt-disney-company-the-cut-by-analyst-dis.html.

Other equities research analysts also recently issued research reports about the stock. Bank of America Corporation set a $125.00 target price on shares of Walt Disney Company (The) and gave the stock a “hold” rating in a research report on Saturday, June 24th. BMO Capital Markets restated an “underperform” rating and set a $90.00 price target (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. FBR & Co restated a “hold” rating and set a $97.00 price target on shares of Walt Disney Company (The) in a research note on Friday, September 8th. Guggenheim restated a “buy” rating and set a $122.00 price target (down previously from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Finally, Credit Suisse Group restated an “outperform” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, July 25th. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating and nineteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $113.92.

Shares of Walt Disney Company (NYSE:DIS) opened at 100.07 on Monday. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The stock has a market capitalization of $154.46 billion, a PE ratio of 17.75 and a beta of 1.40. The company’s 50-day moving average is $99.91 and its 200-day moving average is $106.38.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction dated Thursday, August 10th. The stock was bought at an average cost of $102.34 per share, with a total value of $99,883.84. Following the acquisition, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 13.00% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the company. Lee Financial Co lifted its holdings in shares of Walt Disney Company (The) by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after acquiring an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. bought a new position in shares of Walt Disney Company (The) during the 1st quarter worth about $144,000. Krilogy Financial LLC lifted its holdings in shares of Walt Disney Company (The) by 13.2% during the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after acquiring an additional 166 shares during the period. IHT Wealth Management LLC lifted its holdings in shares of Walt Disney Company (The) by 34.3% during the 2nd quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock worth $152,000 after acquiring an additional 3,923 shares during the period. Finally, BDO Wealth Advisors LLC bought a new position in shares of Walt Disney Company (The) during the 2nd quarter worth about $153,000. 61.38% of the stock is owned by institutional investors.

About Walt Disney Company (The)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Earnings History and Estimates for Walt Disney Company (The) (NYSE:DIS)

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