Disney Stock Has a Lot to Prove This Week

Investors aren't expecting to be blown away when Walt Disney (NYSE: DIS) pulls back the curtain to reveal its latest financial results this week. The media giant will announce its fiscal second-quarter numbers on Wednesday morning, hosting an earnings call to discuss its fresh financials an hour before the market opens.Disney shares have declined 19% since the company's last earnings report three months ago. The stock initially ticked higher after Disney posted better-than-expected results, coming within pennies of hitting a 10-month high the morning of the earnings release. But that rally didn't last. Can it move higher this week -- and this time stick to any initial upticks? Let's size up what Disney and its shareholders are facing heading into this critical update.Analysts are holding out for $23.1 billion in revenue, 5% above where Disney landed for fiscal second quarter last year. That matches the 5% top-line growth that Disney investors got out of the House of Mouse back in February, but the real head-turner in that financial update was the bottom line.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool