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Ant-Man Sequel Boosts Disney Profits

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Business Insider reports that Disney has exceeded fourth-quarter profit and revenue estimates. The boost was, in part, due to the success of it's film 'Ant-Man and The Wasp.' More visitors flocked to its theme parks during the summer season. Net income attributable to Disney rose to $2.32 billion, or $1.55 per share. Excluding certain items, Disney earned $1.48 per share, above analysts' expectations of $1.34 per share. Disney said total revenue rose to $14.31 billion from $12.78 billion, above analysts' estimates of $13.73 billion.

Added on the 09/11/2018 07:31:09 - Copyright : Wochit

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