Walt Disney Co (DIS) Earnings Summary
DIS Earnings Beat Rate & Surprise History
Walt Disney Co (DIS) has beaten EPS estimates in 4 of its last 9 reported quarters (+44%), and beaten revenue estimates in 6 of 9 (+67%).
On balance, analysts have tended to roughly track DIS's earnings. It is currently on a 4-quarter EPS miss streak. The stock has averaged +1.9% the trading day after an EPS beat (positive 33% of the time) and +0.5% after a miss. The average EPS surprise runs +14.6%, with the biggest beat at +125.8% and the biggest miss at -73.7%.
How often DIS has cleared Wall Street's bar, for EPS and revenue separately, companies can beat one and miss the other. See how analysts are rating it now →
Based on 8 quarters where a report date lines up with price history on record. Reaction day is determined from report timing, for after-market-close (AMC) reports, the reaction shows up the next trading day; for before-market-open (BMO) reports, it's the report day itself.
| Result | Next day | 5 trading days | 20 trading days |
|---|---|---|---|
| EPS beat | +1.9% (33% pos, n=3) | +5.8% (33% pos, n=3) | +5.2% (67% pos, n=3) |
| EPS miss | +0.5% (60% pos, n=5) | +0.8% (60% pos, n=5) | -0.9% (25% pos, n=4) |
Average earnings-day move (either direction): +6.1%. Largest on record: +10.8%.
Every quarter with reaction data, side by side. Rows where the surprise direction and the stock's move disagree are highlighted.
| Quarter | Report Date | EPS Surprise | Rev Surprise | Next-Day Move |
|---|---|---|---|---|
| Q3 '26 | Aug 5, 2026 | -10.2% | -0.6% | +3.6% |
| Q2 '26 | May 6, 2026 | -6.5% | +1.2% | +7.5% |
| Q1 '26 | Feb 2, 2026 | -4.6% | +1.1% | -7.4% |
| Q4 '25 | Nov 13, 2025 | -13.9% | -1.3% | -7.7% |
| Q3 '25 | Aug 6, 2025 | +125.8% | -0.2% | -2.7% |
| Q2 '25 | May 7, 2025 | +72.0% | +2.3% | +10.8% |
| Q1 '25 | Feb 5, 2025 | +4.8% | +0.1% | -2.4% |
| Q4 '24 | Nov 14, 2024 | -73.7% | +0.4% | +6.2% |
A beat doesn't guarantee a rally, and a miss doesn't guarantee a drop, expectations already priced in can flip the reaction.
Beat/miss alone doesn't say how big, a company that beats by 0.1% every quarter behaves very differently from one that swings ±20%.
| Avg Surprise | Median | Largest Beat | Largest Miss | |
|---|---|---|---|---|
| EPS | +14.6% | -4.6% | +125.8% | -73.7% |
| Revenue | +0.4% | +0.3% | +2.3% | -1.3% |
More analysts covering a stock generally means more scrutiny and (often) tighter estimates.
Average surprise size by fiscal quarter, some businesses are just more predictable in certain quarters than others.
| Fiscal Quarter | Avg EPS Surprise | Avg Revenue Surprise | Years on Record |
|---|---|---|---|
| Q1 | +0.1% | +0.6% | 2 |
| Q2 | +32.8% | +1.8% | 2 |
| Q3 | +51.1% | -0.1% | 3 |
| Q4 | -43.8% | -0.5% | 2 |
Each quarter compared to the same fiscal quarter one year earlier, the standard way to strip out seasonality.
| Quarter | Report Date | EPS Growth | Revenue Growth |
|---|---|---|---|
| Q3 '26 | Aug 5, 2026 | -48.3% | +6.8% |
| Q2 '26 | May 6, 2026 | -29.8% | +6.6% |
| Q1 '26 | Feb 2, 2026 | -5.0% | +5.2% |
| Q4 '25 | Nov 13, 2025 | +192.0% | -0.5% |
| Q3 '25 | Aug 6, 2025 | +104.2% | +2.1% |
Objective, rule-based checks, not a subjective rating.
How often does DIS beat EPS estimates?
Walt Disney Co has beaten EPS estimates in 4 of its last 9 reported quarters, a +44% beat rate. The average surprise is +14.6%.
How often does DIS beat revenue estimates?
DIS has beaten revenue estimates in 6 of its last 9 reported quarters, a +67% beat rate.
How does DIS's stock react to earnings?
Over 8 quarters with price data on record, DIS has averaged +1.9% the trading day after an EPS beat (positive 33% of the time) and +0.5% after a miss (positive 60% of the time). It has also fallen despite beating both EPS and revenue in 1 instance(s), a reminder that a beat alone doesn't guarantee a positive reaction.
What is DIS's biggest earnings surprise?
DIS's largest EPS beat on record is +125.8%, and its largest EPS miss is -73.7%.
Is DIS currently on an earnings beat or miss streak?
DIS is on a 4-quarter EPS miss streak. Its longest beat streak on record is 3 quarters; its longest miss streak is 4 quarters.
Do analysts usually underestimate or overestimate DIS?
Analysts have tended to roughly track DIS's results, based on a +44% EPS beat rate over the last 9 reported quarters.
Every reported quarter on record, estimate vs. actual.
| Quarter | Report Date | EPS Est | EPS Actual | EPS Surprise | Revenue Est | Revenue Actual | Revenue Surprise | Analysts |
|---|---|---|---|---|---|---|---|---|
| Q3 '26 | Aug 5, 2026 | $1.68 | $1.51 | -10.2% | $25.39B | $25.25B | -0.6% | 13 |
| Q2 '26 | May 6, 2026 | $1.36 | $1.27 | -6.5% | $24.87B | $25.17B | +1.2% | 15 |
| Q1 '26 | Feb 2, 2026 | $1.40 | $1.34 | -4.6% | $25.70B | $25.98B | +1.1% | 13 |
| Q4 '25 | Nov 13, 2025 | $0.84 | $0.73 | -13.9% | $22.76B | $22.46B | -1.3% | 13 |
| Q3 '25 | Aug 6, 2025 | $1.29 | $2.92 | +125.8% | $23.69B | $23.65B | -0.2% | 15 |
| Q2 '25 | May 7, 2025 | $1.05 | $1.81 | +72.0% | $23.09B | $23.62B | +2.3% | 14 |
| Q1 '25 | Feb 5, 2025 | $1.34 | $1.41 | +4.8% | $24.67B | $24.69B | +0.1% | 14 |
| Q4 '24 | Nov 14, 2024 | $0.96 | $0.25 | -73.7% | $22.49B | $22.57B | +0.4% | 14 |
| Q3 '24 | — | $1.04 | $1.43 | +37.7% | $23.08B | $23.16B | +0.3% | 13 |