Earnings in the last quarter of Disney’s fiscal year fell to 30 US cents (RM1.42) a share, excluding certain items, missing the average analysts estimate of 51 US cents (RM2.42). — AP
LOS ANGELES: Walt Disney Co reported sales and profit that fell below Wall Street expectations, held back by weakness in advertising revenue and higher-than-expected losses in streaming TV.
Earnings in the last quarter of Disney’s fiscal year fell to 30 US cents (RM1.42) a share, excluding certain items, the company said.
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