Walt Disney Company (NYSE:DIS) shares are moving Wednesday. The company will report its second-quarter financial reports after market close. Here’s a look at what’s going on.
What To Know:
Disney will release its second-quarter financial reports after markets close on Wednesday and will host a conference call to discuss the results at 4:30 p.m. The company is expected to report earnings of 97 cents per share and revenue of $22.48 billion, according to estimates from Benzinga Pro.
DIS shares are moving on above-average volume. According to Benzinga Pro, more than 7.5 million shares have been traded in the session, compared to the stock’s 100-day average of 15.273 million shares.
Retail investors are looking forward to the company’s earnings release, and DIS is currently one of the top trending tickers on Yahoo! Finance.
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DIS Price Action: According to Benzinga Pro, Disney shares are down by 0.74% at $87.48 at the time of publication.
Image: u_9yuzg4m4m3 from Pixabay
