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Disney revenues down, but company bullish on creative, technology slate

on Feb 8, 2017 | 0 comments

By Doug Zanger

The Walt Disney Company reported fiscal Q1 2017 earnings, with the company posting revenues of $14.78bn — falling short of analysts expectations of $15.26bn. However, the earnings per share of $1.55 for the quarter that ended on December 31st, was better than the $1.49 per share that was projected by analysts, according to CNBC.

Despite the decrease, and the fact that Disney had a record-breaking first quarter the previous year, the company showed strong results in their parks and resorts business. Additionally, the company is enthusiastic about several aspects of their business, including upcoming opportunities in media and especially Read full story ›

Source: The Drum