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Walt Disney Co. (DIS) Is Gaining Ground After Strong Q1 Report

Walt Disney (DIS) reported first quarter earnings, excluding certain items affecting comparability, of $0.79 after the bell Tuesday. The consensus estimate was for EPS of $0.76. Revenues rose to $11.34 billion from $10.78 billion in the prior year. The consensus revenue estimate was $11.21 billion. The stock is now up 0.89 on 916K shares.

Walt Disney gapped up Tuesday, but traded in a narrow range throughout the session. The stock closed up by 0.39 at $54.29.

by RTTNews Staff Writer

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