| DIS |
Report |
Total Segment Operating Income (FQ3'26) |
BEAT |
pred ~$5.45B vs. cons ~$5.30B |
MEDIUM |
| DIS |
Report |
Adjusted EPS (FQ3'26) |
BEAT |
pred ~$1.95 vs. cons ~$1.88 |
MEDIUM |
| DIS |
Report |
Experiences Segment OI / domestic attendance inflection |
IN-LINE |
pred Experiences OI ~$2.60B (attendance ~+1.5%) vs. cons ~$2.55B (attendance ~+0.5%) |
MEDIUM |
| DIS |
Guide |
FY26 adjusted EPS growth (ex-53rd week) |
UNCHANGED |
guide ~12% (reaffirm) vs. cons ~12% (FY26) |
MEDIUM |
| DIS |
Guide |
Q3 Sports segment OI (pre-announced headwind) |
UNCHANGED |
guide ~-14% YoY (~$890M) vs. cons ~-14% (~$890M) (FQ3'26) |
MEDIUM |
| DIS |
Guide |
Entertainment SVOD full-year operating margin |
BETTER |
guide ~10-11% vs. cons ~10% (FY26) |
LOW |
| DIS |
Guide |
FY26 share buyback pace |
UNCHANGED |
guide ~$8B vs. cons ~$8B (FY26) |
MEDIUM |
| DIS |
Return |
Day-1 residual (stock − beta × S&P 500) |
+4.0% |
— |
MEDIUM |
| DIS |
Return |
5-day cumulative residual |
+2.0% (FADE) |
Clean OI/EPS beat plus a domestic attendance turn off depressed sentiment and near-52-week-low positioning should spark a relief pop day 1. But with management disciplined and likely only reaffirming (not raising) the ~12% ex-53rd-week FY26 EPS guide, beating Q3 mechanically raises the implied Q4 bar (out-period math), while the Sports OI decline and FCC/ABC license overhang cap enthusiasm. Estimates drift only modestly higher, so part of the day-1 move fades over the week toward a still-positive but smaller residual, supported by the ~$8B buyback. |
LOW |