Walt Disney Co. sees revenue climb to record high in Q4 FY16

The Walt Disney Co. (NYSE: DIS) reported fiscal fourth-quarter financial results after markets closed on Thursday. Unfortunately, the report this quarter did not live up to expectations and there has been a noticeable lag in the House of Mouse after having such a strong year in 2015. Part of this has been due to cord cutting trends hurting Disney’s Media Networks, but perhaps the biggest drop was seen in Studio Entertainment. The company had $1.10 in earnings per share (EPS) and $13.14 billion in revenue. There were consensus estimates from…

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