The Mouse House Misses
Tue, Feb 3rd, 2009
Disney just reported $.45 earnings per share on $9.6 billion for its fiscal Q1. Analysts expected Disney to report $.51.
“We faced a challenging first quarter with many of our businesses impacted to various degrees by the economic downturn. We are forcefully confronting current circumstance while investing in the great creativity, brands and assets that are Disney’s strengths and keys to its long-term success.”
Here's how Diseny's businesses did by segment:
SEGMENT RESULTS
The following table summarizes first quarter segment operating results for fiscal 2009 and 2008 (in millions).
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