The Walt Disney Co (DIS) reported a profit for fourth quarter that retreated from last year.
The company said its profit dropped to $1.90 billion, or $1.10 per share. This was lower than $2.17 billion, or $1.20 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.16 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 2.7% to $13.14 billion. This was down from $13.51 billion last year.
The Walt Disney Co earnings at a glance:
-Earnings (Q4): $1.90 Bln. vs. $2.17 Bln. last year.-Earnings Decline (Y-o-Y): -12.4%-EPS (Q4): $1.10 vs. $1.20 last year.-EPS Decline (Y-o-Y): -8.3%-Analysts Estimate: $1.16-Revenue (Q4): $13.14 Bln vs. $13.51 Bln last year.-Revenue Change (Y-o-Y): -2.7%
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.