Walt Disney Co (NYSE:DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business.
On Wednesday, Disney reported fiscal second-quarter adjusted EPS of $1.08 on revenue of $19.25 billion. Both numbers missed consensus analyst estimates of $1.19 and $20.1 billion, respectively. Revenue was up 23% from a year ago.
