BURBANK, Calif. (AP) 鈥� BURBANK, Calif. (AP) 鈥� The Walt Disney Co. (DIS) on Wednesday reported fiscal third-quarter profit of $2.64 billion.
On a per-share basis, the Burbank, California-based company said it had net income of $1.51. Earnings, adjusted for restructuring costs and amortization costs, were $2.06 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The entertainment company posted revenue of $25.25 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $25.48 billion.
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