Will Disney raise its full-year earnings guidance when it reports on Wednesday, August 5?
67% of users predicted YES โ the community missed this one. 3 predictions cast.
The Walt Disney Company reported fiscal third-quarter 2026 earnings on Wednesday, Aug. 5, 2026, beating expectations with adjusted earnings per share of $2.06 versus a Wall Street estimate of about $1.86. However, Disney reaffirmed rather than raised its full-year guidance, maintaining its prior forecast of double-digit adjusted-EPS growth for fiscal 2026 and a double-digit profitability improvement outlook for fiscal 2027.
Alongside the reaffirmed guidance, Disney raised its share-buyback target for the fiscal year to $9 billion, up from the $8 billion goal set the previous quarter, and said streaming margins were on track to reach double digits for the full year, driven by strength in its parks and streaming segments. Because the company held its full-year earnings outlook steady rather than lifting it, the question resolved No despite the quarter's earnings beat.
Predict Six's community leaned Yes on this question, with 67% of three votes predicting Disney would raise guidance; the actual outcome did not match that majority view.