Disney posts solid 1Q results thanks to its theme parks and cost cuts

Disney posts solid 1Q results thanks to its theme parks and cost cuts

SAN FRANCISCO — The Walt Disney Co. posted stronger than expected earnings in the October-December quarter, boosted by cost cuts and growing revenue from its theme parks business. Disney earned $1.91 billion, or $1.04 per share, in the fiscal first quarter. That’s up 49% from $1.28 billion, or 70 cents per share, in the same … Read more