The Walt Disney’s Upcoming Q1 Earnings Preview 
<p>Analysts at RBC Capital provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/CHWY'>The Walt Disney Company (NASDAQ:DIS)</a> ahead of the company’s Q1 results, scheduled to be released tomorrow.</p>
<p>The analysts expect results will take a backseat to management’s updated strategic and operational visions following the recent leadership change and ongoing proxy battle with an activist. Analysts believe that since Bob Iger's re-appointment as CEO was only a few months ago, the details of the new plan are still being developed and it may take longer to communicate it clearly to investors. </p>
<p>That said, the analysts still see scope for the bull thesis to be reinvigorated with constructive detail around the path to DTC profitability (e.g., Disney+ meeting or beating its target of achieving profitability in 2024), company-wide cost transformation initiatives (mitigating topline pressures, particularly at Linear Networks, and driving a re-acceleration in operating income growth after 2023), and efforts to improve the guest experience at the Parks (providing more value and flexibility could sustain attendance trends and preserve the brand). </p>

NASDAQ:DIS