Investing.com - Walt Disney (NYSE:DIS) reported fourth quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.48 on revenue of $14.31B. Analysts polled by Investing.com expected EPS of $1.33 on revenue of $13.72B. That compared to EPS of $1.07 on revenue of $14.24B in the same period a year earlier. The company had reported EPS of $1.87 on revenue of $15.23B in the previous quarter.
Walt Disney shares gained 2.03% to trade at $118.45 in after-hours trade following the report.
For the year, Walt Disney shares are up 7.98%, outperforming the S&P 500 which is up 4.54% year to date.
Walt Disney follows other major Services sector earnings this month
On Thursday, October 25, 2018, Amazon.com reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.11B.
Alibaba earnings missed analyst's expectations on Friday, November 2, 2018, with second quarter EPS of $1.4 on revenue of $85.15B. Investing.com analysts expected EPS of $6.85 on revenue of $86.66B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar