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    Disney earnings rise despite "John Carter" loss

    Tue, 05/08/2012 - 20:22 EDT - Yahoo! Business News
    • YahooBizNews

    A portion of the signage at the main gate of The Walt Disney Co. is pictured in Burbank, CaliforniaLOS ANGELES (Reuters) - Walt Disney Co's quarterly earnings beat Wall Street expectations as profit rose 21 percent despite a loss from the science fiction film bomb "John Carter." Strong attendance at theme parks and higher advertising revenue at cable networks, including sports powerhouse ESPN, helped drive quarterly growth. The earnings report followed a massive opening weekend for "The Avengers," a superhero movie that set an industry record with ticket sales of $207.4 million over its first weekend. An "Avengers" movie sequel is in the works, Chief Executive Bob Iger told analysts. ...

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    Related

    • Disney earnings rise despite "John Carter" loss

      LOS ANGELES (Reuters) - Walt Disney Co's quarterly earnings beat Wall Street expectations as profit rose 21 percent despite a loss from the science fiction film bomb "John Carter."

    • Disney earnings rise despite "John Carter" loss

      Walt Disney Co's quarterly earnings beat Wall Street expectations as profit rose 21 percent despite a loss from the science fiction film bomb "John Carter." Strong attendance at theme parks and ...

    • Disney earnings rise despite "John Carter" loss

      LOS ANGELES (Reuters) - Walt Disney Co's quarterly earnings, dragged down by a loss from science fiction bomb "John Carter," beat Wall Street expectations with 21 percent profit growth driven by its theme parks and media networks.

    • Disney's profit, revenue rise; shares move higher

      LOS ANGELES (Reuters) - Walt Disney Co's quarterly earnings, dragged down by a loss from science fiction bomb "John Carter," beat Wall Street expectations with 21 percent profit growth driven by its theme parks and media networks.

    • ESPN, parks lifts Disney quarterly profit

      LOS ANGELES (Reuters) - Media giant Walt Disney Co posted higher quarterly profit on Thursday, lifted by an increase in attendance at theme parks and a gain in revenue at sports juggernaut ESPN. Disney reported diluted earnings per share of 68 cents for the quarter that ended in September, in line with expectations from Wall Street analysts surveyed by Thomson Reuters I/B/E/S. Net income rose 14 percent to $1.2 billion in the quarter. ...

    • Disney profit meets expectations, lifted by parks, ESPN

      LOS ANGELES (Reuters) -

    • Disney earnings rise despite "John Carter" loss

      Walt Disney Co's quarterly earnings, dragged down by a loss from science fiction bomb "John Carter," beat Wall Street expectations with 21 percent profit growth driven by its theme parks and ...

    • After Record November Earnings, Disney May Consider Layoffs

      LOS ANGELES (Reuters) - Walt Disney Co, which reported record earnings in November, started an internal cost cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters.

    • Disney Confirms The Avengers 2 Movie, Theme Park Rides, Games

      Disney CEO Bob Iger has confirmed the obvious today. After smashing through the record books with its $207 million domestic opening weekend and ruling the world with over $702 million grossed to date, Studios is working on The Avengers 2. Iger also said The Avengers would appear at Disney theme parks in the future, which ...

    • Disney profit rises on media, parks growth

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