Investing.com – Walt Disney (NYSE:) reported fourth quarter that beat analysts’ expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.07 on revenue of $19.10B. Analysts polled by Investing.com forecast EPS of $0.95 on revenue of $19.29B. That compared to EPS of $1.48 on revenue of $14.31B in the same period a year earlier. The company had reported EPS of $1.35 on revenue of $20.25B in the previous quarter.
Walt Disney shares gained 3.34% to trade at $137.52 in after-hours trade following the report.
Walt Disney follows other major Services sector earnings this month
On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Alibaba ADR earnings beat analysts’ expectations on November 1, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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