Los Angeles Times

Disney earnings decrease in second quarter but top Wall Street estimates

LOS ANGELES - Walt Disney Co.'s earnings topped Wall Street estimates for the fiscal second quarter, according to numbers released Wednesday, despite a 13 percent dip in profit from a year ago. The company's broadcasting and studio businesses declined, while losses widened at its nascent streaming business.

The numbers:

The Burbank entertainment giant earned $1.61 a share on revenue of $14.9 billion during the quarter that ended March 30. That compared with $1.84

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