Topics

The Croods
DreamWorks Animation posts improved earnings in third quarter
DreamWorks Animation posts improved earnings in third quarter

DreamWorks Animation SKG, Inc. reported stronger-than-expected profits in the third quarter, fueled by the box-office success of "How to Train Your Dragon 2." The Glendale-based animation studio earned a profit $11.9 million, or 14 cents a share, on revenue of $180.9 million in the third quarter. That was an improvement over the same quarter a year ago, when the company posted a net income of $10.1 million, or 12 cents a share, on revenue of $154.5 million. The results easily exceeded what analysts were expecting for DreamWorks Animation. Analysts polled by Thomson Reuters had a consensus estimate of 5 cents a share in the third quarter. "The third quarter of 2014...

Loading