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Disney Third-Quarter Earnings Miss on Revenue, Stock Dips

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The Walt Disney Company on Tuesday reported third-quarter earnings that missed analyst projections, reporting earnings of $1.87 per share.
The Walt Disney Company on Tuesday reported third-quarter earnings that missed analyst projections, reporting earnings of $1.87 per share. The consensus had been earnings of $1.95 per share. Similarly, the Burbank-based company also missed estimates on revenue: $15.23 billion compared with forecasts of $15.34 billion. Disney, which recently won a bidding war for 21st Century […]

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