Disney's Q4: Bob Iger beats Wall Street, but he needs a better plan for the studio - Steven Mallas

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Disney's Q4: Bob Iger beats Wall Street, but he needs a better plan for the studio
Nov 12, 2009 11:00 PM UTC

Steven Mallas

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GE	n/a
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NWS	n/a
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Filed under: Earnings reports, General Electric (GE), Time Warner (TWX), Walt Disney (DIS), Viacom (VIA), Sony Corp ADR (SNE), CBS Corp 'B' (CBS), News Corp'B' (NWS), Media World, Marvel Entertainment (MVL)

Disney (DIS), the media company behind Mickey Mouse and Buzz Lightyear, and whose colleagues in the industry include CBS (CBS), General Electric's (GE) NBC Universal, News Corp. (NWS), Sony Corporation (SNE), Time Warner (TWX), and Viacom (VIA), reported results for Q4 and the full fiscal year on Thursday after the bell. While the bottom line came in ahead of expectations, I have to say that the release was disappointing to this shareholder.

Earnings on an adjusted basis for the quarter came in at 46 cents per share, higher than the number predicted by analysts. Unfortunately, as I go through the data, I don't think I'm too comforted by such income performance.

Continue reading Disney's Q4: Bob Iger beats Wall Street, but he needs a better plan for the studio

Disney's Q4: Bob Iger beats Wall Street, but he needs a better plan for the studio originally appeared on BloggingStocks on Thu, 12 Nov 2009 18:00:00 EST. Please see our terms for use of feeds.

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