NEW YORK: Media company Walt Disney Co's quarterly profit blew past Wall Street expectations, with a muscular performance from its "Captain America" movie, higher attendance at US theme parks and brisk sales of merchandise tied to mega-hit Frozen.
Net income rose to US$2.2bil in the quarter ended on June 28, up 22% from the year-ago period, the company said on Tuesday. Diluted earnings per share reached a record US$1.28, beating analysts' average forecast of US$1.17 in a Thomson Reuters I/B/E/S survey.
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