The 'John Carter' film debacle failed to impact the earnings of Walt
Disney Co (NYSE : DIS), which reported strong quarterly earnings on the
strength of robust television and theme park income. The company posted
quarterly net income of $1.14 billion, or 63 cents a share, which meant
21 percent increase from a profit of $942 million, or 49 cents a share, a
year earlier.
Disney said that revenue in the quarter went up 6 percent to $9.6
billion for the second quarter ended March 31, compared with the year
ago quarter. It forecasts a bright future and said that it was planning
to make a sequel to its current hit, 'The Avengers.'
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