Earnings season is continuing to roll on with three big names reporting this week. What should investors be looking for?
The Walt Disney Company (NYSE: DIS):
The Walt Disney Company is slated to announce it’s second quarter 2015 earnings results on Tuesday, May 5 after market close. Analysts expect the company to post $12.25 billion in revenue and earnings of $1.11 per share, up 5.1% and falling in-line with earnings from the same quarter a year prior, respectively.
Last quarter, Disney posted $1.27 earnings per share, up 23% from the same quarter a year prior. The House of Mouse posted $13.4 billion in revenue, marking a 9% year-over-year increase. In addition, Disney raked in $2.18 billion in profit, a 19% increase year-over-year.
Revenue from Walt Disney’s TV and cable ventures, including ABC Television Group and ESPN, are expected to be impacted by the recent switch from cable to online streaming. However, revenue from it’s Marvel and Starwars franchises will likely make up for it, particularly in the third quarter and full-year.
With that said, Disney’s recent theatrical release of Marvel’s Avengers: Age of Ultron brought in $27.3 million on it’s Thursday opening night, making it the sixth highest grossing Thursday debut.
On average, the top analyst consensus for The Walt Disney Company on TipRanks is Strong Buy.
Tesla Motors (NASDAQ: TSLA):
Tesla Motors will post it’s first quarter 2015 earnings on Wednesday, May 6 after market close. The company is expected to post a loss of ($0.50) a share and $1.04 billion in revenue, down from $0.12 earnings per share but up almost 46% in revenue from the same quarter a year ago.
Tesla estimated an early delivery of 10,030 vehicles for the first quarter. If accurate, this would mark a significant growth of 6,457 from the same quarter last year. However, the company’s revenue has faced foreign currency headwinds in recent quarters and is expected to still have an effect in Q1. As a result, Tesla’s revenue growth will likely not match the percentage growth in vehicle deliveries.
