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Walt Disney 2Q Earnings Top Forecasts

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  • Description

    FBN’s Adam Shapiro breaks down Walt Disney’s second-quarter earnings results.

  • Duration 0:54
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I'm Adam Shapiro with -- Fox Business -- shares of Disney are on the rise in extended trading after posting better than expected second quarter results.

Earnings for the company -- forecast -- 58 cents a share revenue also came in higher at nine point 63 billion dollars.

Investors -- steering clear -- blue denial however after the online jeweler failed to -- with its first quarter results.

Earnings per share fell short of estimates by a nickel coming in at just depending.

Revenue also short investments actually beat estimates coming in at 83 point one million now this marks the fourth straight quarter Blue Nile -- in one way or another missed expectations.

There's a bears -- on Wall Street today as fresh concern of the European debt crisis weighed on markets here in the United States.

Though off session lows at the closing bell the Dow was down 76 points at 12100932.

That's the latest from the Fox Business that we're giving you the power to prosper.

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