The Walt Disney Co Q3 adjusted earnings Miss Estimates

(RTTNews) - The Walt Disney Co (DIS) announced earnings for its third quarter that rose from last year.

The company's bottom line came in at $2.92 billion, or $1.95 per share. This compares with $2.37 billion, or $1.51 per share, in last year's third quarter.

Excluding items, The Walt Disney Co reported adjusted earnings of $2.95 billion or $1.87 per share for the period.

Analysts had expected the company to earn $1.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.0% to $15.23 billion from $14.24 billion last year.

The Walt Disney Co earnings at a glance:

-Earnings (Q3): $2.95 Bln. vs. $2.59 Bln. last year. -EPS (Q3): $1.87 vs. $1.58 last year. -Analysts Estimate: $1.95 -Revenue (Q3): $15.23 Bln vs. $14.24 Bln last year.