New York-the Walt Disney announced on Tuesday that it recorded a net profit of $ $2.39 billion in the second fiscal quarter ($ $1.50 per share), compared with a profit of $ $2.14 billion (US $ $1.30 per share) in the same period last year.
The result was above the estimated by analysts polled by Thomson Reuters, who expected a profit of $ $1.41 per share.
Walt Disney''s revenue already increased 3%, to $ $13.34 billion, in the same comparative basis. Analysts had expected revenue of $ $13.45 billion.
According to the company, your sports network, ESPN, once again pulled down quarterly results, which generated a revenue below analysts '' expectations in the second fiscal quarter.
However, the news could have been worse, since the operating profit of the segment that includes ESPN falling 3%, less than the low estimate of 4.2 percent.
Increased costs fall in audience and a tendency for less money with pay TV made the ESPN faced problems in recent years.
The sports network is a crucial part of Disney shares, since it comprises about half of the company''s operating revenue.
According to MoffetNathanson, about 762,000 subscribers no longer subscribe to pay TV in the first quarter, the worst loss of subscribers for the industry in a year.
At 6:34 pm (Eastern), the papers of Walt Disney pushed back 2.25 percent in after-hours in New York.
Exame - 09/05/2017
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