Disney Stock Climbs In Pre-Market After ‘Deadpool & Wolverine,’ ‘Inside Out’ Help Beat Q4 Street Estimates To Clock $22.6B Revenue
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Walt Disney Co (NYSE:DIS) experienced a 1.50% increase in its stock during pre-market trading on Thursday as the company released its fourth-quarter earnings report before the market opened, according to Benzinga Pro.
What Happened: The entertainment giant reported a 6% increase in revenue for the quarter, reaching $22.6 billion, up from $21.2 billion in the same period last year. This beat the Wall Street consensus of $22.35 billion by a narrow margin.
The diluted earnings per share (EPS) rose significantly by 79% to $0.25, while the annual EPS …
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