The Walt Disney Co Q4 adjusted earnings Beat Estimates
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.
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