The Walt Disney Co Reveals 12% Decline In Q4 Bottom Line

(RTTNews) - The Walt Disney Co (DIS) reported a profit for fourth quarter that retreated from last year.

The company said its profit dropped to $1.90 billion, or $1.10 per share. This was lower than $2.17 billion, or $1.20 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.16 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.7% to $13.14 billion. This was down from $13.51 billion last year.

The Walt Disney Co earnings at a glance:

-Earnings (Q4): $1.90 Bln. vs. $2.17 Bln. last year. -Earnings Decline (Y-o-Y): -12.4% -EPS (Q4): $1.10 vs. $1.20 last year. -EPS Decline (Y-o-Y): -8.3% -Analysts Estimate: $1.16 -Revenue (Q4): $13.14 Bln vs. $13.51 Bln last year. -Revenue Change (Y-o-Y): -2.7%