| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q3'26 | August 5, 2026 | 3/12 | 1 medium, 1 low flags | 0 | 1 | Call sheet → |
| Q2'26 | May 6, 2026 | 5/12 | 1 high, 5 medium flags | 1 | 2 | Call sheet → |
| Q1'26 | February 2, 2026 | 5/12 | 1 high, 4 medium, 1 low flags | 6 | 0 | Call sheet → |
| Q4'25 | November 13, 2025 | 8/12 | - | 3 | 0 | Call sheet → |
| Q3'25 | August 6, 2025 | 8/12 | 4 medium, 2 low flags | 2 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q3'26 | Missed | International visitation headwinds will ease in the coming quarters. Management now says weakness continues into Q4 |
| Q2'26 | Pending | Technology improvements reducing churn New CEO elevated churn to 'single most significant opportunity' - suggests bigger problem than admitted |
| Q2'26 | Pending | International content investment delivering encouraging results Same 'encouraging' language used again suggests no measurable progress |
| Q2'26 | Missed | Unified Disney+ Hulu experience delivery Pushed from mid-year to end of calendar year - timeline slip |
| Q2'26 | Pending | ESPN streaming app launch and adoption Launched but no adoption metrics provided, just qualitative 'pleased with engagement' |
| Q2'26 | Missed | Domestic parks attendance improvement Still down 1% in Q2, now promising Q3 improvement - moved goalposts again |
| Q2'26 | Delivered | Double-digit revenue growth aspiration for streaming SVOD entertainment revenue grew 13% vs 11% last quarter, accelerating as promised |
| Q1'26 | Exceeded | Strong theatrical slate performance $6.5B global box office exceeded expectations with three $1B+ films |
| Q1'26 | Delivered | Technology improvements for streaming platforms Referenced 'continued technology improvements' and product enhancements |
| Q1'26 | Delivered | Continued investment in international content Management confirmed ongoing international content investment |
| Q1'26 | Delivered | Disney Destiny cruise ship launch Ship launched and 'received outstanding reviews from guests' |
| Q1'26 | Delivered | Bundling would reduce churn rates Confirmed bundled subscribers 'churn out less' and 80% bundle penetration maintained |
| Q1'26 | Delivered | ESPN streaming launch would attract new users Management confirmed signing up 'essentially new users' successfully |
| Q1'26 | Pending | Streaming business targeted for double-digit margins No update provided on margin progression despite revenue growth |
| Q4'25 | Delivered | 2 new cruise ships launching - Disney Destiny and Disney Adventure Both ships launched as promised, fleet now at 8 ships |
| Q4'25 | Pending | Double-digit margin target for DTC business Made progress but Hugh deferred 2026 specifics to Q4 call |
| Q4'25 | Delivered | ESPN will gain ability to sell and bundle NFL+ Premium starting 2025 season Confirmed ability to bundle NFL+ Premium with trio bundle |
| Q4'25 | Pending | Expected higher engagement, lower churn, operational efficiencies from Hulu integration Too early to measure but early signs positive |
| Q4'25 | Pending | Fully integrating Hulu into Disney+ creating unified app experience available next year Still on track for 2026 launch, making progress with Hulu as global brand |
| Q4'25 | Delivered | ESPN direct-to-consumer launching August 21 Launched on time and Iger reports it as 'real success' |
| Q3'25 | Exceeded | Advertising growth consistent with 3% prior year Now expect advertising growth in excess of 3% |
| Q3'25 | Missed | Experiences bookings momentum continuing Q4 bookings decelerated from 7% to 6% |
| Q3'25 | Pending | Double-digit operating income growth for 2026-2027 Hugh confirmed long-term guidance still intact |
| Q3'25 | Pending | Investment in international content in targeted markets Deferred content spend discussion to Q4 call |
| Q3'25 | Pending | Continued growth in streaming business at accelerated rate No specific subscriber growth or acceleration metrics provided |
| Q3'25 | Delivered | ESPN direct-to-consumer pricing and timing details very soon Revealed August 21 launch and $29.99 bundle pricing |
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