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

Market news

9 November 2018

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

Walt Disney Co (DIS) reported Q4 FY 2018 earnings of $1.48 per share (versus $1.07 in Q4 FY 2017), beating analysts’ consensus estimate of $1.35.

The company’s quarterly revenues amounted to $14.300 bln (+11.9% y/y), beating analysts’ consensus estimate of $13.762 bln.

DIS rose to $117.50 (+1.29%) in pre-market trading.

U.S.: PPI, y/y, October 2.9% (forecast 2.5%)

UK's construction output continued to recover following a relatively weak start to the year, increasing by 2.1% in Quarter 3

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