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Walt Disney Reports Record Profits, Earnings

 

Main Street – Disney

The Walt Disney Company today reported record revenue, profits and earnings per share for the fiscal year and fourth quarter ending September 29, 2012.

Earnings per share increased a whopping 24 percent to $3.13 in 2012, from $2.52 in 2011.

According to a press release from the Burbank, California-headquartered company, revenues reached $42 billion, up 3 percent over the prior year.  Profits grew by 18 percent to $5.7 billion.

“Fiscal 2012 was a great year creatively, financially and strategically, resulting in record revenue, net income, and earnings per share,” said Disney Chairman and CEO Robert A. Iger. “The addition of Lucasfilm will further fuel Disney’s creative engine across our company to create additional value for our shareholders and we’re confident the Company is well positioned to continue our strong performance and growth.”

 

 

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