09.08.2016 22:19:39
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The Walt Disney Co Q3 Earnings Advance 5%
(RTTNews) - The Walt Disney Co (DIS) announced a profit for its third quarter that increased compared to the same period last year.
The company said its bottom line advanced to $2.60 billion, or $1.59 per share. This was higher than $2.48 billion, or $1.45 per share, in last year's third quarter.
Analysts had expected the company to earn $1.61 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 9.0% to $14.28 billion. This was up from $13.10 billion last year.
The Walt Disney Co earnings at a glance:
-Earnings (Q3): $2.60 Bln. vs. $2.48 Bln. last year. -Earnings Growth (Y-o-Y): 4.8% -EPS (Q3): $1.59 vs. $1.45 last year. -EPS Growth (Y-o-Y): 9.7% -Analysts Estimate: $1.61 -Revenue (Q3): $14.28 Bln vs. $13.10 Bln last year. -Revenue Change (Y-o-Y): 9.0%
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