Nagoya Corp - Disney Shares Soar.

Nagoya Corp: Walt Disney co. posted third quarter earnings rise of 24%, with strong results across all their divisions.

Ohio (I-Newswire) September 17, 2012 - For the ending of the second quarter, Disney reported earnings per share of $1.01 on a profit of $1.83 billion, up from $0.77 per share and $1.48 billion for the same quarter last year. Revenue grew by almost 4% to $11.09 billion. The results beat the expectations of independent analysts speaking with Nagoya Corp that had predicted earnings of $0.97 cents per share.

One of the best performing stocks of the year so far, Disney has gained more than 30% this year, with a record high of over $50 per share reached last month. The figures “"clearly demonstrate Disney's unique value proposition and great potential to deliver long-term growth", said Chief Executive Officer Bob Iger in a statement, adding "We had a phenomenal third quarter, delivering the largest quarterly earnings in the history of our company."

“Disney showed revenue growth in every division. Typically, one unit will end up compensating for a weakness in another, but Disney have grown across the board,” commented an analyst close to Nagoya Corp.

ESPN continues to show strong revenue growth from advertising and fees from entertainment platforms, while “The Avengers” superhero movie has become the third highest grossing film of all time after “Avatar” and “Titanic”, a welcome turnaround after the flop “John Carter” in the previous quarter.


Nagoya Corp are reportedly to believe The Walt Disney Company still maintains its strong bur recommendation given by independent analysts previously.

One of the best performing stocks of the year so far, Disney has gained more than 30% this year, with a record high of over $50 per share reached last month. The figures “"clearly demonstrate Disney's unique value proposition and great potential to deliver long-term growth", said Chief Executive Officer Bob Iger in a statement, adding "We had a phenomenal third quarter, delivering the largest quarterly earnings in the history of our company."