This Week: Walt Disney, CVS, Uber results

A look at some of the key business events and economic indicators upcoming this week:

Losing its magic?

Disney is expected to have slumped to a loss in its fiscal third quarter. Analysts forecast the Magic Kingdom operator and owner of the ABC and ESPN networks lost 61 cents a share in the April to June period, when the viral pandemic kept many of its businesses shut and tourists at home. Disney reports quarterly results on Tuesday.

Picture of health

Analysts forecast that CVS Health’s profit grew slightly in the second quarter. CVS operates one of the nation’s largest pharmacy chains, and has benefited from a rush to fill medicine cabinets and pantries during pandemic-enforced shutdowns. Wall Street predicts it earned $1.91 a share last quarter, up from $1.89 a year earlier. CVS reports results on Wednesday

Hail, Uber

Uber Technologies is expected to have trimmed its losses in the second quarter. Wall Street predicts the ride-sharing app lost 81 cents a share in the period, much better than the $4.72-a-share loss it reported a year ago when massive stock-based payouts following its stock market listing caused its biggest quarterly loss ever. Uber reports its latest quarterly results on Thursday.

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Business & Finance | Consumer News

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