NEW YORK (TheStreet) -- The Walt Disney Co. (DIS) is expected to release its 2015 second quarter earnings results about 8 a.m. on Tuesday morning. Disney had previously announced that its earning would be released after the market close on Tuesday, but due to the death of the husband of one of Disney's board members the timing of the release was changed.
The change was made so representatives of the company may attend the funeral of SurveyMonkey CEO Dave Goldberg, TheWrap reports. Disney board member Sheryl Sandberg was married to Goldberg and is also COO of Facebook (FB).
Analysts are expecting the family entertainment and media giant to post a one cent decline in earnings and a rise in revenue for the quarter ended March 2015.
Disney has been forecast to post earnings of $1.10 per share on revenue of $12.25 billion for the most recent quarter.
For the 2014 second quarter Disney said its adjusted earnings were $1.11 per share on revenue of $11.65 billion.
In 2014 Disney was riding high on the wave of success its latest animated princess feature Frozen had brought. The film was released at the end of 2013.
Additionally, over the weekend Disney's latest Marvel franchise movie Avengers; Age of Ultron saw the second biggest domestic box office opening in history, Variety reports. The superhero flick started the summer blockbuster season with $187.7 million in its debut.
The movie opened internationally last week and its worldwide box office earnings are $626.7 million after 12 days in theaters, Variety said.