Disney set to deliver double-digit earnings growth for Q3

  • Walt Disney Co (NYSEIS, ETR:WDP) is poised to deliver another quarter of strong earnings growth, with UBS analysts expecting to see resilient Parks performance and continued gains in direct-to-consumer (DTC) profitability. The analysts reiterated their ‘Buy' rating on the stock and raised their price target to $138 from $120 ahead of the report, representing upside of about 16% from the current share price.