Walt Disney Fiscal Q4 Non-GAAP Earnings, Revenue Rise

Walt Disney (DIS) reported fiscal Q4 non-GAAP earnings Wednesday of $0.82 per diluted share, up from $0.30 a year earlier.

Analysts polled by Capital IQ expected $0.71.

Revenue for the quarter ended Sept. 30 was $21.24 billion, up from $20.15 billion a year earlier.

Analysts surveyed by Capital IQ expected $21.41 billion.

“We continue to aggressively manage our cost base, and have increased our annualized efficiency target to $7.5 billion, versus $5.5 billion previously,” the company said.

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