Disney Reports Q4 Earnings That Modestly Beat Street Estimates

READ ON: Deadline
The Walt Disney Co. reported a modest lift in its
fourth quarter earnings, even though revenues were buffeted by hurricane Irma. The company posted per-share earnings of $1.13 or $1.7 billion for its quarter ending in September. That beat Thomson Reuters consensus estimates of $1.12 per share. Excluding items that affect compatibility, such as the gain from Disney’s acquisition of controlling interest of BAMTech, earnings per share for the quarter decreased 3% from $1.10…