The Walt Disney Co Q4 adjusted earnings Beat Estimates


(RTTNews.com) - The Walt Disney Co ( DIS ) revealed a profit for its fourth quarter that climbed from the same period last year.

The company's profit totaled $2.32 billion, or $1.55 per share. This compares with $1.75 billion, or $1.13 per share, in last year's fourth quarter.

Excluding items, The Walt Disney Co reported adjusted earnings of $2.54 billion or $1.48 per share for the period.

Analysts had expected the company to earn $1.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.5% to $14.31 billion from $12.28 billion last year.

The Walt Disney Co earnings at a glance:


-Earnings (Q4): $2.54 Bln. vs. $1.77 Bln. last year.
-EPS (Q4): $1.48 vs. $1.07 last year.
-Analysts Estimate: $1.34
-Revenue (Q4): $14.31 Bln vs. $12.28 Bln last year.


For comments and feedback: contact editorial@rttnews.com

http://www.rttnews.com




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