REUTERS: Media company Walt Disney Co on Tuesday reported higher profit that beat Wall Street expectations for the quarter ended in March, boosted by the continued strength of its blockbuster animated film Frozen.
The company said it posted adjusted earnings of US$1.11 a share, beating the 96 cent average forecast of analysts surveyed by Thomson Reuters I/B/E/S. A year ago, Disney reported adjusted earnings of 79 cents a share.
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