Walt Disney Earnings beat, Revenue misses In Q2 By Investing.com

Walt Disney (NYSE:DIS) reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

Walt Disney announced earnings per share of $0.79 on revenue of $15.61B. Analysts polled by Investing.com anticipated EPS of $0.2707 on revenue of $15.86B.

Walt Disney shares are down 1% from the beginning of the year and are trading at $171.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 9.5% from the start of the year.

Walt Disney shares lost 4.02% 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 April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.

Alibaba ADR had missed expectations on Thursday with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.8 on revenue of $180.08B.

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