Walt Disney Co. signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, Sept. 29, 2025.
Michael Nagle | Bloomberg | Getty Images
Disney’s streaming and traditional TV business will once again be in focus when the company reports earnings on Monday.
In recent quarters Disney’s streaming business, anchored by its flagship platform Disney+, has been profitable. However, the company’s overall performance — and stock price — have been weighed down by the decline in traditional TV bundle subscribers, which has led to declines in its portfolio of networks.
Disney has also made various changes on the streaming front recently. Last year, ESPN launched its direct-to-consumer streaming platform, and Disney began its integration of Hulu into Disney+. Investors will be keen for updates on ESPN’s streaming service and any effects of price hikes and changes on Disney+.
Here is what Wall Street expects for Disney’s first fiscal quarter, according to LSEG:
- Earnings per share: $1.57 adjusted expected
- Revenue: $25.74 billion expected
Disney’s experiences unit, which includes its theme parks, resorts and cruise ships, is the profit driver at Disney, but it can also show signs of pressure on consumer spending.
Last quarter the unit appeared unaffected by the economy, and its cruise ships were a highlight.
The division is in the midst of developing an upcoming theme park and resort in Abu Dhabi. Disney earlier made a commitment to invest $60 billion in its theme parks over the next decade.
On the theatrical front, Disney is coming off a strong year at the box office. In 2025 Disney films including the live-action remake of “Lilo & Stitch” and a third “Avatar” installment topped the box office and helped Disney return to dominance.
The earnings report also comes against the backdrop of a succession race to select the company’s next CEO for when Bob Iger retires. The company is expected to select the next chief — speculated to be either Josh D’Amaro, chairman of Disney Experiences; or Dana Walden, co-chair of Disney Entertainment — in early 2026.
This story is developing. Please check back for updates.