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Benzinga
Benzinga
Business
Tyler Bundy

Disney Sees An Up Day Following Earnings: Is A Breakout Looming?

Disney NYSE Walt Disney Co.

Walt Disney Co. (NYSE:DIS) shares are pushing higher Thursday after the company announced better-than-expected fiscal first-quarter financial results. Disney declared quarterly revenue increased 24% year-over-year to $21.82 billion, beating the estimate of $18.63 billion. The company reported quarterly adjusted earnings of $1.06 per share, beating the 61 cent estimate.

Disney was up 3.93% at $153.02 Thursday afternoon at publication.

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