Disney slumps as earnings and sales miss expectations despite box-office hits

Disney reported third-quarter financial results after market close on Tuesday that missed analyst expectations for both revenue and profit. 
The conglomerate's movie studio reported revenue of $3.86 billion during the period, falling short of the $4.56 billion estimate from analysts. 
Shares of Disney fell 4% on the results. 
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Disney's third-quarter results missed Wall Street's forecasts despite the media