Walt Disney Earnings, Revenue beat in Q4

08/11/2018 21:20:02 Stock Market

Walt Disney (NYSE:DIS) reported fourth quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $1.48 on revenue of $14.31B. Analysts polled by Investing.com forecast EPS of $1.33 on revenue of $13.72B. That compared to EPS of $1.07 on revenue of $14.24B in the same period a year earlier. The company had reported EPS of $1.87 on revenue of $15.23B in the previous quarter.

For the year, Walt Disney shares are up 7.98%, outperforming the S&P 500 which is up 4.54% year to date.

Walt Disney follows other major Services sector earnings this month


On October 25, Amazon.com reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.11B.

Alibaba earnings missed analyst's expectations on November 2, with second quarter EPS of $1.4 on revenue of $85.15B. Investing.com analysts expected EPS of $6.85 on revenue of $86.66B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar