Disney Reports Lackluster Fourth-Quarter Earnings, Stock Dips
Declines in its studio and broadcast TV divisions contributed to lackluster fourth-quarter earnings results by the Walt Disney Co., which on Thursday released results for the quarter ending Sep. 30. Analysts had been expecting earnings of $1.12 per share; instead, Disney reported earnings of $1.07 per share. The company reported revenue of $12.8 billion, down […]