Disney (DIS) Tops Q1 EPS by 5c

Disney (NYSE: DIS) reported Q1 EPS of $1.55, $0.05 better than the analyst estimate of $1.50. Revenue for the quarter came in at $14.78 billion versus the consensus estimate of $15.26 billion.

"We’re very pleased with our financial performance in the first quarter. Our Parks and Resorts delivered excellent results and, coming off a record year, our Studio had three global hits including our first billion-dollar film of fiscal 2017, Rogue One: A Star Wars Story,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “With our proven strategy and unparalleled collection of brands and franchises, we are extremely confident in our ability to continue to drive significant value over the long term.”

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