Walt Disney earnings: 89 cents per share on revenue of $12.39B, both in-line with estimates

Walt Disney Co. reported earnings of 89 cents per share, on revenue of $12.39 billion, largely in-line with Wall Street estimates. Analysts had expected the company to report earnings of 89 cents per share on $12.37 billion in revenue, according to a consensus estimate from Thomson Reuters.. "The deal is important as it will now offer serious competition to...