The Walt Disney Company (NYSE:DIS) announced fiscal Q4 earnings surpassed analysts’ forecasts as the interactive business registered its primary profit and new theme-park attractions drew additional tourists.
Burbank, California- based world’s biggest entertainment company announced in a statement that profit without one-times was 79 cents per share, surpassing the 77-cent median forecasts of 26 analysts’ gathered by Bloomberg.
The company announced sales in the three months period finished Dec 29 moved up 5.2% to $11.3 billion, beating forecasts of $11.2 billion.
Entertainment giant’s net income in the first-quarter plunged 5.6% to $1.38 billion or 77 cents per share, from $1.46 billion or 80 cents per share in previous year, showing lower film studio results.
Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Dreamworks Animation Skg Inc (NASDAQ:DWA) rose +1.52% to settle at $17.42, CBS Corporation (NYSE:CBS) moved up +1.12% to end at $42.33 while Viacom, Inc. (NASDAQ:VIAB) jumped +0.34% to finish at $59.35 on Tuesday.
The Walt Disney Company (NYSE:DIS) last session’s volume of 10.25 million shares was higher than its average volume of 8.64 million shares. The stock after opening at $54.36 hit high price of $54.41 and then closed at $54.29 by scoring +0.72%.
DIS generated revenue of $42.28 billion in the previous twelve months and earned $5.68 billion. The Company showed a positive 14.60% in the net profit margin as well as in its operating margin which remained at 21.90%. Company’s annual sales growth for the past five years was 3.55%.
The DIS’s past twelve months’ price to sales ratio was 2.31 and price to cash ratio remained 28.84. As far as the returns are concerned, DIS’s return on equity was recorded as 14.73% and return on investment increased 10.48% while its return on asset stayed at 8.40%.
The stock showed weekly upbeat performance of 0.56% which was maintained for the month at 4.02%. Likewise the positive performance for the quarter was recorded as 10.55% and for the year was 41.68% while the YTD performance remained at 9.04%.
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