Disney (DIS) fiscal Q4 2019 earnings


Disney shares were up more than 5% after the company reported an earnings beat for its fiscal fourth-quarter on Thursday.

Here are the key numbers:

  • Earnings per share: $1.07, adjusted, vs. 95 cents expected, according to Refinitiv
  • Revenue: $19.1 billion vs. $19.04 billion expected, according to Refinitiv

Disney’s fiscal fourth-quarter earnings arrive just days before the company’s long-awaited streaming service, Disney+, is set to launch on November 12. The service costs $6.99 per month, or $69.99 per year, and will feature content from Disney, Pixar, Marvel, Star Wars and more.

In an interview with CNBC’s Julia Boorstin following the release, CEO Bob Iger said the platform is “ready to go”…

Source cnbc.com

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