The earnings call highlighted significant strategic advancements such as the integration of Hulu into Disney+ and the expansion of ESPN's offerings, which are expected to enhance user experience and financial performance. However, challenges remain, particularly in the Chinese market and content overlap issues in the upcoming quarter. Overall, the positive aspects of growth and strategic partnerships outweigh the challenges.

Company Guidance

During the Walt Disney Company Third Quarter 2025 Conference Call, CEO Bob Iger shared optimistic guidance, highlighting several strategic initiatives aimed at driving growth across Disney's various segments. Notably, Disney plans to integrate Hulu into Disney+ to create a unified streaming platform, enhancing subscriber experience and potentially increasing engagement, reducing churn, and boosting advertising revenue. ESPN is set to launch a direct-to-consumer sports offering on August 21, with expanded content from new NFL deals, including more games and features such as betting and fantasy sports, which could drive subscriber and revenue growth. The Parks and Experiences segment is undergoing significant global expansions, with new attractions and cruise ships, including the largest-ever Disney ship launching in Singapore. Disney's film division is thriving, with live-action "Lilo & Stitch" crossing the $1 billion mark at the box office, and new franchises like "The Fantastic Four" and upcoming releases like "Zootopia 2" and "Avatar: Fire and Ash" poised to further strengthen Disney's content portfolio. Despite these ambitious plans, CFO Hugh Johnston maintained confidence in Disney’s fiscal 2026 guidance, indicating strong future earnings potential.

Integration of Hulu into Disney+

Disney announced the full integration of Hulu into Disney+ to create a unified app experience. This aims to enhance user experience, reduce churn, improve operational efficiencies, and increase advertising revenue potential.

Success of Disney's Film Studios

Live-action Lilo & Stitch crossed the $1 billion mark globally, the first Hollywood film to do so this year. It became Disney's fourth billion-dollar film in just over a year. Additionally, Marvel's The Fantastic Four: First Steps launched successfully.

Expansion of ESPN and NFL Partnership

ESPN will launch a direct-to-consumer sports offering on August 21. ESPN will acquire the NFL Network and other media assets, while the NFL gains a 10% equity stake in ESPN. This deal is expected to be accretive in the first year post-closing.

Expansion in Parks and Experiences

Disney is undergoing expansions in all theme parks globally and is launching two new cruise ships, Disney Destiny and Disney Adventure, later this year.

DTC Growth and Profitability

The integration of Hulu into Disney+ is expected to enhance profitability and margins through higher engagement and lower churn.

Walt Disney (DE:WDP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DE:WDP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q4)	0.90 / -	0.979	―	―	―
Aug 06, 2025	2025 (Q3)	1.25 / 1.38	1.194	15.83% (+0.19)	―
May 07, 2025	2025 (Q2)	1.02 / 1.25	1.039	19.83% (+0.21)	―
Feb 05, 2025	2025 (Q1)	1.24 / 1.51	1.048	44.26% (+0.46)	―
Nov 14, 2024	2024 (Q4)	0.95 / 0.98	0.704	39.02% (+0.27)
Aug 07, 2024	2024 (Q3)	1.03 / 1.19	0.885	34.95% (+0.31)
May 07, 2024	2024 (Q2)	0.94 / 1.04	0.799	30.11% (+0.24)
Feb 07, 2024	2024 (Q1)	0.85 / 1.05	0.85	23.23% (+0.20)
Nov 08, 2023	2023 (Q4)	0.61 / 0.70	0.258	173.33% (+0.45)
Aug 09, 2023	2023 (Q3)	0.82 / 0.88	0.936	-5.50% (-0.05)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:WDP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	€102.06	€98.33	-3.65%
May 07, 2025	€81.08	€89.20	+10.01%
Feb 05, 2025	€108.75	€107.02	-1.59%
Nov 14, 2024	€95.26	€103.00	+8.13%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.