Earnings Preview | Streaming and Theme Parks Encounter Obstacles Simultaneously, Wall Street Awaits Disney's Q2 Earnings Report

Disney will announce its second fiscal quarter earnings before the market opens on Wednesday, and Wall Street will closely monitor the status of its streaming and theme park businesses. The market expects revenue for the quarter to be $23.14 billion, compared to $22.08 billion in the same period last year; earnings per share are expected to be $1.20, down from $1.21 a year earlier. Several businesses slowed down last quarter, and while the company's revenue and profits increased, it revealed that Disney+ is expected to start losing streaming users. In its fourth fiscal quarter report released last November, Disney warned that it anticipated a "moderate decline" in subscriptions during December. In its February earnings report, the company informed investors that it expected a "slight decline" in subscriber numbers for the second fiscal quarter. Before the slowdown in streaming user growth, the service raised its prices last year. It will also focus on the experiences segment, including theme parks. This segment performed better than expected in the first fiscal quarter, but travel experts warned that due to President Trump's tariffs, the number of international visitors has decreased, which may reduce foot traffic. Additionally, foot traffic at U.S. theme parks has generally slowed down after the COVID-19 pandemic