Disney on Thursday reported financial results that beat Wall Street estimates, driven by the success of its direct-to-consumer business. The stock rose almost 8% a few hours after the market opened on Thursday.
Media giant Disney reported quarterly earnings of $1.14 per share, beating the $1.1 expected by Bloomberg analysts and significantly higher than the $0.82 it earned in the same period last year. The company earned $22.57 billion in revenue, which also significantly exceeded expectations, Yahoo finance reports.
Source: www.aripaev.ee
