BURBANK, Calif. (AP) — BURBANK, Calif. (AP) — The Walt Disney Co. (DIS) on Wednesday reported fiscal third-quarter earnings of $2.62 billion.
On a per-share basis, the Burbank, California-based company said it had net income of $1.43. Earnings, adjusted for non-recurring gains, were $1.39 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The entertainment company posted revenue of $23.16 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $22.91 billion.
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