Disney shares rise on earnings beat: $1.84 per share, vs. $1.55 per share expected

Disney shares rise on earnings beat: $1.84 per share, vs. $1.55 per share expected

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/02/05/disney-earnings-q1-2019.html

Walt Disney Co. shares rose 2 percent in extended trading Tuesday after the company reported earnings per share and revenue that topped analyst estimates, helped by sales increases in its media networks and theme parks businesses.

The earnings report comes as the entertainment giant expands its direct-to-consumer offerings amid growing competition from Netflix and other streaming services.