Walt Disney (DIS) Tops Q2 EPS by 11c; raises profit guidance

Walt Disney (NYSE: DIS) reported Q2 EPS of $1.21, $0.11 better than the analyst estimate of $1.10. Revenue for the quarter came in at $22.08 billion versus the consensus estimate of $22.12 billion.

As a result of outperformance in the second quarter, our new full year adjusted EPS growth target is now 25%.
We remain on track to generate approximately $14 billion of cash provided by operations and over $8 billion of free cash flow this fiscal year.

For earnings history and earnings-related data on Walt Disney (DIS) click here.

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