Sweden Herald
Unexpectedly large profit boost for
Photo: Richard Drew/AP/TT
Business

Unexpectedly large profit boost for Disney, revenue up 7 percent to $25.2 billion

The American entertainment group The Walt Disney Company reports a 7 percent increase in revenue, to $25.2 billion, for the second quarter of the fiscal year ended in March.

That was more than expected. Analysts had expected $24.9 billion.

Pre-tax profit rose 9 percent to $3.4 billion, giving adjusted earnings per share of $1.57. Analysts had expected $1.51 per share.

In addition to large amusement parks, the group's operations include streaming services, television networks, cruises, toys, apps and books.

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Walt Disney CompanyThe Walt Disney Company
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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