Walt Disney’s quarterly earnings beat market estimates; profit slips at theme parks

reported on Wednesday quarterly earnings that exceeded Wall Street expectations, buoyed by the success of animated Pixar film “Inside Out 2,” which helped overcome a profit decline at theme parks.

Operating income for the unit is likely to fall by “mid single digits” in the July-September quarter compared with the same period a year prior, Disney said. “We are confident in our ability to continue driving earnings growth through our collection of unique and powerful assets,” Iger said in a statement.

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Walt Disney earnings, Fedspeak: What to watchAs the trading day comes to close, here is a preview off several key events on the horizon for next week. The corporate earnings season continues with a...
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