Walt Disney (DIS) & PepsiCo (PEP) Look Forward To Sweet Earnings

They have another problem, and it's called Nelson Peltz, an activist investor who owns about a billion dollars' worth of Disney, says Caleb Silver on Disney (DIS). he discusses expectations for DIS and PepsiCo (PEP) earnings. DIS's earnings will be released today, February 8th, postmarket. Walt Disney (DIS) adjusted EPS last quarter came in at $0.30 versus an estimated $0.50. He also talks about PepsiCo (PEP) earnings whose are to be released tomorrow, February 9th, premarket. Estimates came in at $1.64 adjusted EPS and $26.85B in revenue. He notes that if we get back into this defense mode you might see PEP outperform a little bit more because it is a staple at the end of the day. Tune in to find out more about the stock market today.