Disney Q4 Earnings Report+New ‘Star Wars’ Trilogy= Aftermarket Rise
The Walt Disney Co. (DIS) reported fiscal Q4 earnings results on Thursday falling short of the street’s estimates. Disney reported Q4 the entertainment giant posted revenue of $12.78B, profit of $1.75B, net income of $1.13 per share, & earnings, adjusted for one-time items, of $1.07/share.
Disney also announced a deal with Rian Johnson, director of the soon to be released film “Star Wars: The Last Jedi,” to create a new trilogy.
As a result Disney shares have risen in the aftermarket and are currently showing valued at $103.51/share.
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