Disney profit meets expectations


LOS ANGELES: Media giant Walt Disney Co posted higher quarterly profit, lifted by an increase in visitors to its theme parks and revenue gains at sports juggernaut ESPN.

The company that recently announced a blockbuster deal to buy Star Wars producer Lucasfilm reported diluted earnings per share of 68 US cents. That matched expectations from Wall Street analysts surveyed by Thomson Reuters I/B/E/S. Net income for the quarter that ended in September rose 14% to US$1.2bil.

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