10.05.2016 22:20:03
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The Walt Disney Co Earnings Advance 1% In Q2
(RTTNews) - The Walt Disney Co (DIS) revealed a profit for its second quarter that gained ground compared to the same period last year.
The company said its bottom line came in at $2.14 billion, or $1.30 per share. This was up from $2.11 billion, or $1.23 per share, in last year's second quarter.
Analysts had expected the company to earn $1.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.1% to $12.97 billion. This was up from $12.46 billion last year.
The Walt Disney Co earnings at a glance:
-Earnings (Q2): $2.14 Bln. vs. $2.11 Bln. last year. -Earnings Growth (Y-o-Y): 1.4% -EPS (Q2): $1.30 vs. $1.23 last year. -EPS Growth (Y-o-Y): 5.7% -Analysts Estimate: $1.40 -Revenue (Q2): $12.97 Bln vs. $12.46 Bln last year. -Revenue Change (Y-o-Y): 4.1%
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