Disney (DIS) Q4 2024 earnings

Disney It will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall Street will be paying close attention to the state of its streaming and theme park businesses. Investors will also hear any details about the search for a successor to CEO Bob Iger.

Here's what Wall Street expects Disney to announce on Thursday, according to analysts polled by LSEG:

Earnings per share: $1.10 expected Revenue: $22.45 billion expected

Wall Street has been paying close attention to streaming's path to profitability. Disney's combined streaming business, which consists of Disney+, Hulu and ESPN+, was profitable in the fourth quarter of last year.

Subscriber growth will also be a top priority, especially since Disney's competitors have reported significant subscriber gains in recent weeks. Warner Bros. Discovery Max added 7.2 million subscribers during the last quarter, Netflix Adding 5 million customers, and ComcastPeacock reported 3 million additions.

However, media companies are starting to focus on monetization measures, such as ad-supported tiers and password-sharing campaigns.

“On the heels of massive subscriber gains for Max but a slowdown at Netflix, all eyes are on Disney's streaming numbers. The company will certainly see a spike due to the password-sharing campaign, but that won't last long,” Mike said. Proulx, director of research and vice president at Forrester.

The state of the theme park business will also be top of mind. Theme parks have seen a slowdown in consumer demand in the United States. In the last quarter of last year, Disney announced stable attendance, especially in its American parks.

Meanwhile, Disney recently announced that it will appoint a replacement for CEO Iger in early 2026, led by incoming chairman, James Gorman. Investors will be keen to hear more details about the research.

This story is evolving. Please check back for updates.