Quarterly Earnings Report

News

The Walt Disney Company Reports Third Quarter Earnings

The Walt Disney Company recently reported its third quarter earnings for the fiscal year and two segments - parks and resorts and media networks - showed increases in revenue.

The reports showed the company's net income increased 1 percent up to $1.85 billion, and revenue increased 4 percent to $11.58 billion which was still lower than Wall Street's expectation of $11.7 billion.