Disney is scheduled to report earnings on Thursday. Here’s what you need to know

The Walt Disney Co. is set to report its fiscal fourth-quarter earnings before the opening bell on Thursday, with Wall Street analysts looking for growth from its streaming and theme park businesses, as well as sports.

Citi analysts, who recently raised their price target on Disney ( DIS ) shares to $145 from $140, said they expect investors to pay particular attention to updates to the company’s streaming outlook through its direct-to-consumer segment, given the price hike that took effect in October, and the potential impact of consumer responses to Jimmy Kimmel’s temporary cancellation.

Investors and consumers alike may also be watching for updates regarding a potential deal between YouTube TV and Disney. ESPN, ABC and other Disney channels have gone dark for YouTube TV subscribers since the end of last month amid a dispute over fees.

Disney stock has had a relatively weak year so far. The stock was up about 5% for 2025 as of Wednesday’s close near $117, lagging the S&P 500’s gain of about 17%.

The entertainment giant is expected to report adjusted earnings per share of $1.04 on a less than 1% increase in year-over-year revenue to $22.75 billion, according to estimates compiled by Visible Alpha. Its direct-to-consumer and experiences segments are seen as driving the gains, along with sports, while revenue from Disney’s linear networks business — home to the traditional streaming business of networks like ABC, ESPN and Disney Channel — could shrink from a year ago.

Heading into results, Wall Street analysts were overwhelmingly bullish on the stock, with all six analysts with current ratings compiled by Visible Alpha calling it a “buy.” Their average target of $146 suggests a 25% upside from Wednesday’s close.

This article has been updated since it was first published to reflect analysts’ consensus estimates for adjusted earnings per share.