Disney will report fiscal third-quarter earnings before the market opens. CEO Josh D’Amaro, who took over less than five months ago, has carried out layoffs across several divisions, including ESPN. Analysts forecast earnings per share of $1.86 and revenue of $25.40 billion. Investors will closely watch the direction of streaming and theme parks businesses, as well as the impact of current macroeconomic conditions on consumer spending. Subscriber and advertising growth for Disney+ and ESPN’s direct-to-consumer app will also be key areas of focus.
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