NEW YORK (Reuters) - Walt Disney Co reported better-than-expected gains in profit and revenue, reflecting an improving economy that had consumers traveling to its theme parks and businesses buying up ad time on its TV networks.
Disney, home to the ABC broadcast network, a suite of cable channels, a movie studio and theme parks, reported earnings of $1.3 billion, or 68 cents per share. That was up from $844 million, or 44 cents a share, in the period a year ago.
Revenue rose 10 percent to $10.72 billion.
Shares in Disney jumped 3.2 percent to $42.50 following the earnings report, up from a close of $41.18 on the New York Stock Exchange.
consumenten jagen het geld er weer door en de hamburger- en vermaakindustrie profiteren buitensporig, zodanig dat aandelen omhoogvliegen en de economie de totale oververhittingsfase tegemoet gaat.