Disney (DIS) Q2 Earnings Beat Estimates, Revenues Up Y/Y
Disney DIS reported earnings of $1.61 per share, after removing certain items that affect comparability, in second-quarter fiscal 2019. The figure beat the Zacks Consensus Estimate by 2 cents but declined 13% year over year.
Revenues of $14.92 billion increased 3% from the year-ago quarter. The figure also surpassed the consensus mark of $14.64 billion.
Notably, Twenty-First Century Fox’s revenues of $373 million and operating income of $25 million were included in the reported quarter’s results following its acquisition by Disney on Mar 20, 2019.
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https://finance.yahoo.com/news/disney-di...02622.html
Disney DIS reported earnings of $1.61 per share, after removing certain items that affect comparability, in second-quarter fiscal 2019. The figure beat the Zacks Consensus Estimate by 2 cents but declined 13% year over year.
Revenues of $14.92 billion increased 3% from the year-ago quarter. The figure also surpassed the consensus mark of $14.64 billion.
Notably, Twenty-First Century Fox’s revenues of $373 million and operating income of $25 million were included in the reported quarter’s results following its acquisition by Disney on Mar 20, 2019.
...
https://finance.yahoo.com/news/disney-di...02622.html
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