World Markets
DIS

Disney profit beats, driven by theme parks, media networks

Reuters

Feb 5 () - Walt Disney Co reported first-quarter profit that beat analysts' estimates on Tuesday, helped by higher customer spending at its U.S. theme parks and resorts, as well as strength in its media network business.

Excluding certain items, Disney earned $1.84 per share, above analysts' expectations of $1.55 per share, according to IBES data from Refinitiv.

The company, which is buying the bulk of Twenty-First Century Fox Inc's TV and film units, said total revenue fell to $15.30 billion from $15.35 billion, above analysts' estimates of $15.14 billion.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

DIS

Other Topics

Stocks

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More