Mouse House (DIS Earnings)
Disney (DIS) will report its Q2 results after today's closing bell, followed by the management's conference call at 16:30 ET.
The Capital IQ consensus expects DIS to report a 56.7% yr/yr drop in EPS to $0.26 on a 35.3% yr/yr jump in revenue to $15.93 bln.
DIS should highlight the continued strength of Disney+ after the service's global subscriber count exceeded 100 mln in early March.
TECHS:
Disney trades at 46.5x forward earnings expectations, which is a premium to Comcast (CMCSA) and a discount to Netflix (NFLX).
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