PREVIEW: Disney seen reporting slightly higher rev in results due before the bell Mon

Shares of Walt Disney DIS.N are up 0.7% on Fri, with the co seen reporting slightly higher rev in its quarterly results, due before the bell on Mon

The entertainment co is expected to post qtrly rev up at $25.74 bln vs $24.69 bln a yr ago, while adj EPS is seen at $1.57 vs $1.76 a yr ago, per LSEG

Investors also are waiting for word on a successor to Disney CEO Bob Iger, who plans to retire at the end of 2026

The co in November missed quarterly rev expectations as cable weakness overshadowed strong growth in streaming and parks businesses

DIS in December said it is investing $1 bln in OpenAI and will let the startup use characters from Star Wars, Pixar and Marvel franchises in its Sora AI video generator

The median 12-mo PT on the DIS is $135; the stock last at $112.39

Of 33 analysts covering the co, 26 rate it 'buy' or 'strong buy', six 'hold' and one 'sell'

Shares recently at 16x fwd earnings, a discount to its five-yr avg PE of 24x, per LSEG data

DIS's stock has dipped about 1% YTD, underperforming the Dow Jones industrial average's .DJI 1.6% rise