Disney Profit Tops Estimates

Updated on
  • Cable TV earnings, source of investor concern, increase 30%
  • Domestic parks prosper with more guests, higher spending

The Biggest Concerns About Disney's 4th-Qtr Revenue Miss

Walt Disney Co., which triggered a selloff in media stocks three months ago with a warning about subscriber losses at ESPN, posted fourth-quarter earnings that beat analysts’ estimates as profit from cable networks and motion pictures rose.

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