On the heels of 'The Avengers' massive performance and the successful launch of Cars Land at its California theme park, Disney is expected to report stronger results across its segments on Tuesday after the bell.
The largest media conglomerate's fiscal third quarter should include fairly broad-based improvement.
Though the company doesn't release guidance, analysts expect Disney to report 19 percent higher earnings per share of 93 cents on six percent higher revenue of $11.305 billion.
The studio is sure to be bolstered by 'The Avengers', which has grossed $1.46 billion at the worldwide box office, making it the third biggest movie of all time behind Titanic and Avatar. This blockbuster proves that Disney's once controversial acquisition of Marvel has more than paid off. After some pricey box office bombs - like John Carter of Mars - this hit, plus Pixar's 'Brave,' which has grossed $341 million worldwide, paint a picture of a studio that's back on track.Page 1 of 3 | Next Page