Walt Disney: Quarterly revenues under expectations.
(CercleFinance.com) - Walt Disney's Q4 results were mixed, with earnings down 14% at 2.
48 billion dollars, or 1.55 dollar per share (also 1.55 dollar on an adjusted basis).
However, the group had a high comparison basis, with the commercial success of the film Star Wars 7 at this time last year. Above all, the consensus was more pessimistic, expecting EPS to fall to 1.49 dollar.
Meanwhile, revenues declined 3% to 14.78 billion dollars, while analysts were forecasting 15.3 billion dollars.
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