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The Walt Disney Company released its fourth quarter earnings statement after the close of stock markets Thursday, as predicted in yesterday's news. The company performed slightly better than analysts expected, posting a 19 cents per share return. The company's Consumer Products division reported losses, as did the Studios division. The Studios division, which had been expected to announce a loss of as much as 300 million USD, posted a loss of 313 million, higher than expected.

The Media Networks, Cable Networks and Broadcasting divisions, which control both network and cable television, and the Theme Parks division posted increased profits.

Disney, the world's second largest media company, was trading at press time at 25.15 per share. In contrast, Time-Warner was trading at 18.00, ViaCom at 33.65 and News Corp at 15.00 (all USD).

The report is available for your inspection at this link.
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