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Disney 4th-quarter earnings, revenue beat Street view as parks, interactive units grow

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In this March 31, 2012 photo, a firework display lights up the castle of Sleeping Beauty at Marne-la-Vallee Disneyland\'s theme park. THE CANADIAN PRESS/AP, Michel Spingler

BURBANK, Calif. – Disney posted earnings and revenue for its fiscal fourth quarter that beat analysts’ forecasts as parks revenue rose and its interactive video game division finally posted an operating profit on the release of its game “Disney Infinity.”

Net income in the three months that ended on Sept. 28 rose 12 per cent to $1.39 billion, or 77 cents per share. That’s up from $1.24 billion, or 68 cents per share, in the same months a year ago. Revenue grew 7 per cent to $11.57 billion.

Analysts polled by FactSet had expected earnings of 76 cents per share on revenue of $11.4 billion.

Shares of Burbank, Calif.-based Walt Disney Co. fell 80 cents, or 1.2 per cent, to $66.35 in after-hours trading.

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