Walt Disney Co. (DIS) - Get The Walt Disney Company Report is expected to report quarterly earnings of $1.58 a share on sales of $14.5 billion after the market closes today, based on a FactSet survey of 23 analysts.
One thing investors will want to watch out for is how much Disney plans to spend on content with the release of their Direct-to-Consumer streaming service Disney+ in November, which will be competing with Netflix (NFLX) - Get Netflix Inc. Report and Amazon's (AMZN) - Get Amazon.com Inc. Report Prime Video.
Zev Fima, Research Analyst at ActionAlertsPLUS, breaks down how the content spend could affect Disney's stock in the second half of 2019. He also takes a look at the catalysts which lie ahead for Disney and the macroeconomic factors that could affect the stock.
Walt Disney is a holding in Jim Cramer's Action Alerts portfolio. Want to be alerted before Jim Cramer buys or sells DIS? Learn more now
Disney is also one of the stocks Real Money's Doug Kass is watching closely. To find out more about how Kass is playing the stock, please click here.
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