Disney revenues down, but company bullish on creative, technology slate
The Walt Disney Company reported fiscal Q1 2017 earnings, with the company posting revenues of $14.78bn — falling short of analysts expectations of $15.26bn. However, the earnings per share of $1.55 for the quarter that ended on December 31st, was better than the $1.49 per share that was projected by analysts, according to CNBC.
Despite the decrease, and the fact that Disney had a record-breaking first quarter the previous year, the company showed strong results in their parks and resorts
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