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

Market news

7 August 2019

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

Walt Disney (DIS) reported Q3 FY 2019 earnings of $1.35 per share (versus $1.87 in Q3 FY 2018), missing analysts’ consensus estimate of $1.74.

The company’s quarterly revenues amounted to $20.245 bln (+32.9% y/y), missing analysts’ consensus estimate of $21.404 bln.

DIS fell to $136.00 (-4.14%) in pre-market trading.

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