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Disney Q3 net rises on TV, parks, consumer products - Reuters, 8/9/06 [Archive] - MousePad

View Full Version : Disney Q3 net rises on TV, parks, consumer products - Reuters, 8/9/06


Darkbeer
08-09-2006, 05:27 AM
http://today.reuters.com/news/articleinvesting.aspx?type=marketsNews&storyID=2006-08-09T120501Z_01_WEN3700_RTRIDST_0_MEDIA-DISNEY-EARNS-URGENT.XML

QuikQuote: The Walt Disney Co., the second largest U.S. entertainment company, on Wednesday reported a higher quarterly profit from strong performances by its films, television, and theme parks.
Disney, which runs broadcast, movie entertainment, theme parks and consumer products businesses, said its fiscal third quarter net income rose to $1.13 billion, or 53 cents per share, from $811 million or 39 cents per share a year earlier.
Total revenue increased 12 percent to $8.6 billion.
Analysts, on average, expected Disney to report a profit excluding items of 44 cents per share and revenue of $8.6 billion, according to Reuters Estimates.

The full Third Quarter Results can be viewed at this link

http://corporate.disney.go.com/inves...gs/2006_q3.pdf (http://corporate.disney.go.com/investors/quarterly_earnings/2006_q3.pdf)

Darkbeer
08-09-2006, 05:57 AM
Tom Staggs just reported that WDW attendance was up 7% for the quarter, while Disneyland Resort attendance was up "slightly".

Darkbeer
08-09-2006, 08:07 AM
http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-08-09T133953Z_01_WEN3728_RTRIDST_0_MEDIA-DISNEY-PARKS-URGENT.XML&rpc=66&type=qcna

QuikQuote: Walt Disney Co. on Wednesday said fourth-quarter room reservations in the U.S. are running ahead by a high single-digit percentage rate compared with 2005, but U.S. theme park attendance is expected to be flat.
Theme park attendance in the U.S. faced a tough comparison to the same period last year, when Disneyland celebrated its 50th anniversary last year.
"Barring any unforeseen event, we expect that overall attendance at our domestic parks will come in at or around the levels we saw in Q4 of last year," Tom Staggs, Disney chief financial officer told analysts in a conference call.


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