Disney earnings rise but miss estimates
- 8 years ago
Shares of The Walt Disney Co. tumbled 5% after the media giant reported second-quarter earnings and revenue that fell short of Wall Street estimates Star Wars and Disney resorts' performance helped offset flat revenue While revenue rose 4% to $12.97 billion analysts had estimated $13.2 billion Disney appears to be having a tougher time in its media network segment including ESPN, ABC and other TV network