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Robert A. Iger
Walt Disney Co. earnings surge 27% on strength of film studio
Walt Disney Co. earnings surge 27% on strength of film studio

Walt Disney Co. reported a 27% increase in net income for its fiscal second quarter, lifted by the strong performance of its film studio. The Burbank company posted net income of $1.917 billion for the quarter that ended March 29, up from $1.513 billion a year earlier. Revenue rose 10% to $11.649 billion. Disney, the world's largest entertainment and media company, posted earnings of $1.08 a share, up from 83 cents a year earlier. Excluding charges for foreign exchange losses and restructuring, Disney's adjusted earnings per share was $1.11. Analysts had predicted earnings of 97 cents a share, according to investment research firm Zacks.  Disney's media...

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