Company News: Walt Disney (DIS) quarterly results miss analysts’ estimates

Market news

11 November 2016

Company News: Walt Disney (DIS) quarterly results miss analysts’ estimates

Walt Disney reported Q4 FY 2016 earnings of $1.10 per share (versus $1.20 in Q4 FY 2015), missing analysts' consensus estimate of $1.16.

The company's quarterly revenues amounted to $13.142 bln (-2.7% y/y), missing analysts' consensus estimate of $13.517 bln.

The company also stated it sees modest FY17 EPS growth for the year (consensus +5.8% to $6.05/share).

DIS rose to $97.00 (+2.15%) in pre-market trading.

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