Disney (DIS) Tops Q1 EPS by 5c
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The Walt Disney Company Reports First Quarter Earnings for Fiscal 2017
February 7, 2017 4:05 PM ESTBURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported quarterly earnings for its first fiscal quarter ended December 31, 2016. Diluted earnings per share (EPS) for the quarter decreased 10% to $1.55 from $1.73 in the prior-year quarter. The decrease was driven by a $0.13 per share gain in the prior year related to the Companys investment in A+E Television Networks. Excluding this gain and certain other items affecting comparability(1), EPS for the quarter decreased 5% to $1.55 from $1.63 in the prior-year quarter.
Were very pleased with our financial performance in the first quarter. Our... More
