Disney beat analysts estimates with flying colors yet it's down after hours, hmm..
THE WALT DISNEY COMPANY REPORTS FIRST QUARTER EARNINGS BURBANK, Calif. – The Walt Disney Company today reported earnings for its first fiscal quarter ended December 31, 2011. Diluted earnings per share (EPS) for the quarter increased 18% to $0.80 from $0.68 in the prior-year quarter.
The average estimate of analysts is for profit of 71 cents per share, a rise of 4.4% from the company’s actual earnings for the same quarter a year ago.