A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California.<\/p>\n
Mario Tama | Getty Images<\/p>\n
Disney<\/a> reports its fiscal third-quarter<\/a> earnings before the bell on Wednesday, and Wall Street will be looking for updates on the state of its streaming, TV and movies businesses, as well as its theme parks.<\/p>\n Here is what Wall Street expects Disney to report on Wednesday, according to LSEG<\/p>\n Earnings per share:\u00a0$1.47 expectedRevenue:\u00a0$23.73 billion expected<\/p>\n Once again, the streaming business will be in focus.<\/p>\n Investors are anticipating further updates<\/a> on the company’s ESPN direct-to-consumer streaming service. ESPN has said it will launch the app this fall, but has yet to give a firm date.<\/p>\n The streaming service, which will be named<\/a> simply ESPN, will house all of the content from the network’s traditional TV channel and more. It will cost $29.99 a month.<\/p>\n The move comes as more consumers exit the traditional pay TV bundle and switch to streaming. On Tuesday, Fox Corp<\/a>. announced its own direct-to-consumer streaming app, Fox One, would launch on August 21 and cost $19.99 per month.<\/a><\/p>\n During Disney’s last earnings report in May, the company upped some of its fiscal 2025 guidance and said it expected<\/a> a modest rise in customers for streaming service Disney+.<\/p>\n Disney said at the time its flagship service had 126 million global subscribers, exceeding analyst expectations for the period. Disney has previously reported that its streaming business has reached profitability, a metric that has outranked the importance of subscriber growth for media companies.<\/p>\n