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09.02.2016 22:24:22

The Walt Disney Co Q1 Income Rises 32%

(RTTNews) - The Walt Disney Co (DIS) announced a profit for its first quarter that rose compared to the same period last year.

The company said its bottom line rose to $2.88 billion, or $1.73 per share. This was higher than $2.18 billion, or $1.27 per share, in last year's first quarter.

Analysts had expected the company to earn $1.45 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.8% to $15.24 billion. This was up from $13.39 billion last year.

The Walt Disney Co earnings at a glance:

-Earnings (Q1): $2.88 Bln. vs. $2.18 Bln. last year. -Earnings Growth (Y-o-Y): 32.1% -EPS (Q1): $1.73 vs. $1.27 last year. -EPS Growth (Y-o-Y): 36.2% -Analysts Estimate: $1.45 -Revenue (Q1): $15.24 Bln vs. $13.39 Bln last year. -Revenue Change (Y-o-Y): 13.8%

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