Broad-based revenue growth lifts Disney’s Q4 earnings; stock gains

Entertainment conglomerate Walt Disney Company (DIS) reported strong earnings growth for the fourth quarter when revenues rose sharply with contributions from the Parks & Resorts and Studio Entertainment businesses. The results surpassed estimates and the company’s stock gained Thursday in the after-hours. Adjusted earnings jumped 38% year-over-year to $1.48 per share during the three-month period, … Continue reading Broad-based revenue growth lifts Disney’s Q4 earnings; stock gains