**The Walt Disney Company** (DIS) is set to report its first-quarter fiscal 2026 results on **February 2, 2026**. The Zacks Consensus Estimate projects revenues of **$25.93 billion**, reflecting a modest year-over-year growth of **5.01%**, while earnings are expected to decline **11.36%** to **$1.56 per share**.
For the entertainment segment, revenues are anticipated to reach **$11.6 billion**, marking a **6.8%** increase compared to the previous year. However, Disney is facing multiple challenges, including a projected **$400 million loss** in theatrical revenues and **$150 million** in costs related to cruise expansion, which could impact overall profitability. The Experiences segment is expected to generate revenues of **$9.9 billion**, representing a **5.7%** year-over-year increase.
Despite a promising outlook for streaming with projected direct-to-consumer operating income of **$375 million**, pressures from theatrical performances and industry competition are notable. Disney shares have declined **7.8%** in the past six months, underperforming against the broader Consumer Discretionary sector, which saw a **7.5%** decline.
