Seeking Alpha

More on Disney's (DIS) FQ4: Another quarter with growth gains driven by the ESPN family of...

More on Disney's (DIS) FQ4: Another quarter with growth gains driven by the ESPN family of networks, helping to offset in part a drop in Studio Entertainment revenue and weak advertising trends. Parks and Resorts revenue up 10% Y/Y to $12.92B as higher guest spending balanced increased operating costs. On CNBC, CEO Bob Iger notes as soon as the Lucasfilm deal closes the company can initiate projects that will add revenue, but sticks by a forecast the deal won't be accretive until after two years. Shares -1.9% AH. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)