KQEH Nightly Business Report May 11, 2016
Estimates, revenue from this widely held stock also fell short of expectations. And this comes despite big blockbusters at the Box Office Like the force awakens and zootopia. Disney earned 1. 36 a share, below the 1. 40 that analysts expected. Revenue of 13 billion was higher than last year but wall street was looking for even more. And that along with lower ad sales in disneys Media Business weighed on shares. Julia boorstin has more on disneys disappointing quarter. Reporter disney shares falling in afterhours trading on earnings that were short of wall street estimates for the first time in...