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The Walt Disney Co Q4 adjusted earnings Beat Estimates

The Walt Disney Co (DIS) released a profit for fourth quarter that fell from the same period last year.

The company's earnings came in at $785 million, or $0.43 per share. This compares with $2322 million, or $1.55 per share, in last year's fourth quarter.

Excluding items, The Walt Disney Co reported adjusted earnings of $2073 million or $1.07 per share for the period.

Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 33.5% to $19.10 billion from $14.31 billion last year.

The Walt Disney Co earnings at a glance:

-Earnings (Q4): $2073 Mln. vs. $2311 Mln. last year.
-EPS (Q4): $1.07 vs. $1.48 last year.
-Analysts Estimate: $0.95
-Revenue (Q4): $19.10 Bln vs. $14.31 Bln last year.

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