Walt Disney (DIS) PT Raised to $140 at RBC Capital

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The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2018

August 7, 2018 4:06 PM EDT

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported quarterly earnings for its third fiscal quarter ended June 30, 2018. Diluted earnings per share (EPS) for the quarter increased 29% to $1.95 from $1.51 in the prior-year quarter. Excluding certain items affecting comparability(1), EPS for the quarter increased 18% to $1.87 from $1.58 in the prior-year quarter. EPS for the nine months ended June 30, 2018 increased to $6.81 from $4.55 in the prior-year period. Excluding certain items affecting comparability(1), EPS for the nine months increased 21% to $5.60 from $4.63 in the prior-year period.

Were pleased with our results in the quarter, including a... More