BURBANK (dpa-AFX) - The Walt Disney Co (DIS) released a profit for its third quarter that Increased from last year and beat the Street estimates.
The company's bottom line totaled $5.262 billion, or $2.92 per share. This compares with $2.621 billion, or $1.43 per share, last year.
Excluding items, The Walt Disney Co reported adjusted earnings of $3.111 billion or $1.61 per share for the period.
Analysts on average had expected the company to earn $1.44 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.1% to $23.650 billion from $23.155 billion last year.
The Walt Disney Co earnings at a glance (GAAP) :
-Earnings: $5.262 Bln. vs. $2.621 Bln. last year. -EPS: $2.92 vs. $1.43 last year. -Revenue: $23.650 Bln vs. $23.155 Bln last year.
-Guidance: Full year EPS guidance: $5.85
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