Disney announces its 2nd Quarter earnings report
Disney has released information on their 2nd Quarter earnings and it was beaten by what analysts had originally projected. Net income for the company grew to $1.51 billion, or 83 cents per share. Revenue grew 10 percent to $10.55 billion.
The parks and resorts revenue rose 14 percent to $3.30 billion, which was probably due to the opening of the New Fantasyland at the Magic Kingdom. Revenue at the movie studio also grew to $1.34 billion.
via CF News 13