CHICAGO (MarketWatch)
Walt Disney Co. said
Tuesday that its fiscal second-quarter profit rose 21% on improved results at
its theme parks and resorts, along with its ESPN and ABC television networks
The entertainment conglomerate said it earned $1.14 billion, or 63 cents a
share, compared with a profit of $942 million, or 49 cents, in the year-ago
period
Excluding items, Disney said it would have earned 58 cents a share in
the latest three months
Analysts polled by FactSet Research were expecting a
profit of 55 cents a share on revenue of $9.56 billion.
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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