Disney’s first-quarter earnings beat analysts’ expectations, and shares rose 3 percent shortly after the closing bell on Tuesday. The company’s media networks division recorded a 37 percent increase in earnings on 11 percent higher revenue.
Disney posted 68 cents per share versus expectations for 56 cents; revenues came in at $10.72 billion, versus expectations for $10.52 billion.
Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.
We also solicit original full-length posts and accept some unsolicited submissions.
