The Walt Disney Co. on Tuesday published lower-than-expected earnings and profits for its financial 4th quarter even as its streaming services did well, sendingout its shares lower in after-hours trading.
The business stated it made $162 million, or 9 cents per share, in the July-September quarter, almost flat compared to $160 million, or 9 cents a share, a year earlier.
Excluding one-time products, Disney made 30 cents per share. Analysts, on typical, were anticipating incomes of 56 cents per share on that basis, according to FactSet.
Revenue grew 9% to $20.15 billion from $18.53 b