Investing.com - Walt Disney (NYSE:DIS) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Walt Disney announced earnings per share of $0.37 on revenue of $18.53B. Analysts polled by Investing.com anticipated EPS of $0.5166 on revenue of $18.82B.
Walt Disney shares are down 3% from the beginning of the year and are trading at $169.24 , down-from-52-week-high.They are under-performing the Dow Jones which is up 17.88% from the start of the year.
Walt Disney shares lost 2.88% in after-hours trade the report.
Walt Disney follows other major Services sector earnings this month
Walt Disney's report follows an earnings beat by Visa A on Tuesday, October 26, 2021, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
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