Disney (DIS) Tops Q2 EPS by 9c, Revenue Falls Short

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The Walt Disney Company Reports Second Quarter and Six Months Earnings for Fiscal 2017

May 9, 2017 4:05 PM EDT

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported quarterly earnings for its second fiscal quarter ended April 1, 2017. Diluted earnings per share (EPS) for the quarter increased 15% to $1.50 from $1.30 in the prior-year quarter. Excluding certain items affecting comparability(1), EPS for the quarter increased 10% to $1.50 from $1.36 in the prior-year quarter. EPS for the six months ended April 1, 2017 increased to $3.05 from $3.04 in the prior-year period. Excluding certain items affecting comparability(1), EPS for the six months increased 2%.

Disney delivered another quarter of double-digit EPS growth, driven by the strong performance of... More