Disney announced fiscal Q2 earnings yesterday afternoon, and it was a blockbuster: a 6 percent year-over-year increase in revenue to $9.63 billion, a 21 percent gain in earnings to $1.143 billion and an EPS beat.
The stock is up 2 percent today and 20 percent since the beginning of the year.
Diving into the numbers, it appears they have a specific group of individuals it can thank for its boffo numbers: Athletes.
Disney is down several points following a strong, if uninspring end to its fiscal year. In the company’s fiscal fourth quarter, it reported revenues of $10.7 billion, and earnings per... Keep reading ? Read Post
Google just released earnings this afternoon, reporting revenues of $10.65 billion for the first quarter ended March 31, 2012, an increase of 24% compared to the first quarter of 2011. Non-GAAP EPS in the first quarter of 2012 was $... Read Post