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Disney Profits Up 54% in Q1

2:03 PM PST 2/8/2011 by Paul Bond

UPDATED: Theme parks division growth, strong ESPN ad sales boost bottom line; studio entertainment segment revenue flat.

Disney on Tuesday reported a 54% increase in profit in its fiscal first quarter, beating Wall Street's expectations and sending the stock past a 52-week high during the after-hours trading session.

  1. Watch Video Bob Iger and George Lucas on Disney's Acquisition of Lucasfilm

    Bob Iger and George Lucas on Disney's Acquisition of Lucasfilm

    Chairman and Chief Executive Officer of The Walt Disney Company Bob Iger along with George Lucas break down the acquisition and why it is beneficial for both parties.

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