Finance: Millennial investors and their older peers are split on Disney ahead of earnings (DIS)

Disney is expected to report earnings Thursday after the bell, as well as provide more information about its planned streaming service.

Disney is scheduled to report earnings after the bell on Thursday, when CEO Bob Iger and his team will have plenty of questions to answer.

Wall Street expects Disney to report adjusted earnings of $1.16 per share on $13.32 billion in revenue, according to data from Bloomberg. Ahead of earnings, 17 analysts surveyed by Bloomberg have buy ratings on the stock, 12 rate it as hold, and two say sell.

Ahead of Disney's earnings release, Wall Street remains fairly bullish on the stock, giving Disney an average price target of $110.76 — 9% above Wednesday's closing price.

Thursday's earnings report will give more clarity to investors about any revenue hit Disney will take by yanking its movies and shows from Netflix. Investors are sure to have questions about the company's standalone streaming service, which it announced in August.

Additionally, CNBC reported this week that Disney has been in talks to buy most of 21st Century Fox. Both of these issues, as well as questions around ESPN's recent struggles, will be on investors minds Thursday afternoon.

Shares of Disney are down 2.97% so far this year.

Disney is expected to report earnings Thursday after the bell, as well as provide more information about its planned streaming service. Read Full Story