News > Walt Disney Company reports second quarter earnings
Walt Disney Company reports second quarter earnings
Source: Walt Disney Company
The Walt Disney Company recently announced second quarter earnings
and six months earnings ended April 2, 2005.
The Walt Disney Company announced that diluted earnings per share
increased to $0.33, an increase of 27%.
In the six-month period ended April 2, diluted earnings per share
increased 15% to $0.68.
"It is very gratifying to see our company continue to achieve
impressive growth. The second quarter's strong results are the latest
demonstration that, across the company, our management team continues
to effectively execute on its strategic plans. As we anticipated,
last year's tremendous momentum has continued into 2005, bringing
us well on the way toward another year of double-digit earnings
growth for our shareholders," said Walt Disney Company CEO
Robert Iger, President, Chief Operating Officer, and Walt Disney
Company CEO-elect said, "As we look back on the great performance
of th first half of the year, we also look forward and consider
how well poised The Walt Disney Company is for sustained long-term
growth. Simply consider such current achievements as ABC's ratings
resurgence, the launch of the global celebration of Disneyland's
50th anniversary, ESPN's new deal with the NFL, the impressive theatrical
performance of The Pacifier and the DVD performance of Disney /
Pixar's The Incredibles."
" These are just a few of the significant developments underway
across the company that should help drive growth into the future
and maintain Disney's position as one of the preeminent providers
of entertainment for families around the world," Iger said.