Disney (DIS) Tops Q1 EPS by 29c

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The Walt Disney Company Reports First Quarter Earnings for Fiscal 2019

February 5, 2019 4:05 PM EST

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported quarterly earnings for its first fiscal quarter ended December29, 2018. Diluted earnings per share (EPS) for the quarter decreased 36% to $1.86 from $2.91 in the prior-year quarter. Excluding certain items affecting comparability(1), EPS for the quarter decreased 3% to $1.84 from $1.89 in the prior-year quarter.

After a solid first quarter, with diluted EPS of $1.86, we look forward to the transformative year ahead, including the successful completion of our 21st Century Fox acquisition and the launch of our Disney+ streaming service, said Robert A. Iger, Chairman and... More