Disney Sales Miss Estimates, Film Expenses Weigh on Results
Walt Disney Co. reported sales that fell short of Wall Street estimates while revenue for the fourth quarter was little changed at $22.5 billion. The company said a slate of...
By Bloomberg Markets · Bloomberg Markets
Walt Disney Co. reported sales that fell short of Wall Street estimates while revenue for the fourth quarter was little changed at $22.5 billion. The company said a slate of big-budget films will weigh on results for the first quarter of its new fiscal year. Geetha Ranganathan of Bloomberg Intelligence has more on Bloomberg Television. (Source: Bloomberg)