The stock is up nearly 20 percent year to date.
Jim Cramer tells TheStreet's Katherine Ross what he's expecting from the entertainment behemoth this afternoon.
Cramer says he's keeping a close eye on information about Disney+.
He also tells Ross that investors should lower expectations, as Disney CEO Bob Iger has repeatedly said Disney+ is likely to be a 2021 story, rather than a 2020 story.
So, Cramer is looking farther out than Disney's fourth quarter.
Disney recently announced that standard Disney+ subscriptions will support up to four simultaneous streams at resolutions up to 4K. In addition, each Disney+ account will support up to ten devices, as well as up to seven user profiles featuring their own watchlists and personalized content recommendations.
Disney previously disclosed that standard Disney+ subscriptions will cost just $6.99 per month or $69.99 per year when the service launches. The company later said that it will sell bundles featuring Disney+, the $4.99-per-month ESPN+ service and the $5.99-per-month, ad-supported version of Hulu (already provided for free to U.S. Spotify (SPOT - Get Report) subscribers) for $12.99 per month.
For more on Cramer's take watch the video above.
Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM
Catch Up: Today's Top News Videos Below