Posted inHollywood

Disney Increases Cost-Cutting Goal as Q4 Earnings Beat Expectations

Continued gains in its streaming-service business helped power the Burbank-based Walt Disney Co. to better-than-expected fourth-quarter earnings Wednesday. The entertainment giant reported quarterly earnings per share of 82 cents, up from 30 cents in the same quarter the prior year, along with total revenue of $21.2 billion, up 5% from $20.15 billion in last year’s […]