Disney's earnings report is impressive but the market is unimpressed
Skift Take
Movies weren't as impressive as analysts wanted them to be, but the Mouse House's park and cruise ship revenues were very strong.
The Walt Disney Co.'s profit for the third-quarter beat analyst estimates but revenue failed to meet expectations due to unchanged revenue at its movie studio despite a surge in profit from "The Avengers."
The company said Tuesday that net income rose 24 percent to $1.83 billion, or $1.01 per share. There were minor adjustments that had no impact on the per-share results. Analysts polled by FactSet expect
