Needham & Company Maintains a 'Hold' on Walt Disney (DIS); 1Q12 Earnings Preview

Needham & Company maintains a 'Hold' on Walt Disney (NYSE: DIS).

Needham analyst said, "We maintain our FY12 revenue estimate of $43.397B, up 6% y/y, Segment Operating Income of $9.331B, up 7% y/y, and EPS estimate of $2.87, up 13% y/y...We introduce our quarterly estimates for FY12 with 1Q12 revenue estimate of $11.166B, up 4% y/y, Segment Operating Income of $2.29B, up 5% y/y, and EPS estimate of $0.71, up 6% y/y...We maintain our rating and remain focused on DIS’s capital spending cycle as discussed in our quarterly notes entitled “DIS’s ROIC Trends”."

For an analyst ratings summary and ratings history on Walt Disney click here. For more ratings news on Walt Disney click here.

Shares of Walt Disney closed at $39.31 yesterday.

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