Erste Group Bank analysts increased their fiscal year 2027 earnings per share (EPS) estimates for The Walt Disney Company. The bank raised its forecast to $7.49 per share. This marks a slight increase from the previous estimate of $7.48. This new estimate surpasses the current consensus full-year EPS estimate of $6.91 per share for Disney.
This revision follows Disney's last quarterly earnings report in early August. The company reported an EPS of $2.06. This surpassed the consensus estimate of $1.86. Disney's revenue for the quarter reached $25.25 billion. This represents a 6.8% increase year-over-year. However, revenue slightly missed analysts' expectations.
Other analysts have also recently commented on Disney. Rosenblatt Securities reiterated a "buy" rating. Barclays raised its price target. On Monday, Disney's stock traded slightly down by 0.1%. The stock closed at $102.61.