PDA

View Full Version : Disney Reports Fourth Quarter and Fiscal Year 2005 Earnings



Zedd
11-18-2005, 04:51 AM
The Walt Disney Company on Thursday reported earnings for its fourth quarter and fiscal year ended October 1, 2005. For the fourth quarter, the company earned $379 million or $0.19 per share -- down 26 percent from a year ago -- compared to $516 million or $0.25 per share in the same period a year ago. Revenue rose slightly to $7.7 billion from $7.5 billion in the same period last year.

For the full fiscal year, Disney reported net income of $2.53 billion or $1.22 per share, compared to $2.35 billion or $1.12 per share in the previous year. Revenue increased to $31.94 billion from $30.75 billion in fiscal 2004.

Disney profits increased at the company's media networks division and theme parks, but profits fell at Disney's studio and its consumer products division.

[Source: <a href="http://www.forbes.com/technology/feeds/ap/2005/11/17/ap2344933.html" target="blank">Forbes</a>]

<a href="http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20051117005856&newsLang=en" target="blank">Business Wire</a> has a detailed graph of Disney's results.