Disney Earnings Preview

Published on Monday, 06 February 2012 11:44 Written by Danny Miller

New York, February 6th (TradersHuddle.com) - Shares of Walt Disney Co. (NYSE:DIS) traded higher by +0.70% ahead of its quarterly earnings release. Disney, the largest diversified media company in the world is expected to release its quarterly results on February 7^th.

Wall Street Analysts consensus calls for a profit of $0.71 a share on $11.2 billion revenue.

Disney estimates have a range of $0.1 a share. The high estimate calls for profit of $0.76 a share and the low estimate is calling for a profit of $0.66 a share, a year ago for the quarter the company reported $0.68 a share.

The Walt Disney Company (NYSE:DIS), the largest media company in the world, conducts operations in media networks, studio entertainment, theme parks and resorts, consumer products, and Internet and direct marketing. The Company produces motion pictures, television programs, and musical recordings, as well as publishes books and magazines. Disney also operates ABC radio and television, cable channels and theme parks around the world. Disney owns the most watch and valuable sports network in cable, ESPN. The entretainment company was founded by Mr. Walt Disney in 1923 and its based in Burbank, CA.

Other companies on the watch on this earnings event are Time Warner Inc. NYSE:TWX and Comcast Corporation NASDAQ:CMCSA.