05.02.2014 22:33:19
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Walt Disney Q1 Profit Rises - Quick Facts
(RTTNews) - The Walt Disney Company (DIS) reported that its first-quarter earnings attributable to company increased year-over-year to $1.84 billion or $1.03 per share, from $1.38 billion or $0.77 per share. Excluding certain items, earnings per share was $1.04, for the quarter.
On average, 31 analysts polled by Thomson Reuters expected the company to report profit per share of $0.92 for the quarter. Analysts' estimates typically exclude special items.
"We had an incredibly strong first quarter, delivering a 32% increase in adjusted earnings per share and double-digit increases in operating income in all business segments," said Robert Iger, Chairman and CEO, The Walt Disney Company. Revenues were $12.31 billion, compared to $11.34 billion, a year ago. Analysts expected revenue of $12.24 billion for the quarter.
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