Walt Disney Earnings, Revenue beat in Q1 By Investing.com

Walt Disney (NYSE:DIS) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Walt Disney announced earnings per share of $0.32 on revenue of $16.25B. Analysts polled by Investing.com anticipated EPS of $-0.3274 on revenue of $15.91B.

Walt Disney shares are up 5% from the beginning of the year and are trading at $194.60 , down-from-52-week-high.They are outperforming the Dow Jones which is up 2.69% from the start of the year.

Walt Disney shares gained 1.99% in after-hours trade the report.

Walt Disney follows other major Services sector earnings this month

Walt Disney’s report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.

Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar