The animated blockbuster Frozen has continued to boost Walt Disney Co, which saw its operating income quadruple to US$475 million from US$118mil a year earlier - Disney Photo.
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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
