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Disney unveils some welcome surprises for investors - China Dump Truck Controls - China Angle Seat by na b





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Disney unveils some welcome surprises for investors - China Dump Truck Controls - China Angle Seat by
Article Posted: 08/21/2013
Article Views: 62
Articles Written: 2638
Word Count: 577
Article Votes: 0
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Disney unveils some welcome surprises for investors - China Dump Truck Controls - China Angle Seat


 
Business,Business News,Business Opportunities
It was another quarter of reasonable growth andbetter-than-expected results at Disney ( DIS ). The family entertainment giant delivered $9.6 billion in revenue,6% ahead of where it was a year earlier. Disney's adjusted profitof $0.58 a share was well ahead of both the $0.49 a share it earneda year earlier and the $0.55 a share that analysts were targeting. Now let's dive further into the real gems in Disney's report.

1. Disney's Theme Parks Are Rocking Outside of Disneyland Paris, Disney's global empire of gatedattractions is growing nicely. Revenue at the company's parks andresorts grew 10%, accompanied by a 53% spike in operating income. Closer to home, Disney's domestic theme parks saw a 7% gain inturnstile clicks, coupled with a 5% increase in per capitaspending.

In other words, folks are coming in droves and they'resnapping up a lot of mouse ears. Things should get even better. Cars Land -- a new Cars -themed area with three new attractions -- opens officially on June15 at Disney's California Adventure in Anaheim. Down in Florida,the long overdue expansion at Fantasyland begins opening to guestslater this year.

2. Don't Wait Up for John Carter: The R i de The only one of Disney's five subsidiaries to take a step back wasits movie-centric studio entertainment division. It wasn't a surprise. The market knew that John Carter was a disaster, and a massive charge to write down the value ofthe big-budgeted disappointment was already announced. The 12% decline in the segment's revenue doesn't sting as much asthe $84 million operating loss that reverses a decent profit a yearearlier.

The segment had enough firepower to overcome Mars Needs Moms when it bombed during the same quarter a year earlier. There justwasn't enough this time. 3. There's More to The Avengers Than a Hit Movie You have to love Disney's timing. Two days before the company'sfiscal second quarter results were announced, Marvel's The Avengers shattered opening-weekend box office records with $207.1 millionin North American ticket sales.

The movie has already topped $700million in ticket sales globally. Nothing successful ends in a single platform at Disney, of course.Disney's making a lot of money with related toys and other licensedconsumer products. However, the franchise is also a refreshing hiton Facebook. Disney revealed that the game Marvel: Avengers Alliance is attracting 1.5 million daily players. Facebook shows that thereare 7.2 million active monthly players.

Compare that to what'shappening over at Electronic Arts ( EA ), where stock fell on Tuesday after the company revealed that Star Wars: The Old Republic saw its base of gamers fall from 1.7 million to 1.3 million duringthe first three months of the year. EA's game is a premium title,but Marvel: Avengers Alliance is part of the new way that gaming empires are created andexpanded virally as free-to-play social titles. Taking a page out of Zynga's ( ZNGA ) playbook has created some intriguing interactive mediaopportunities. That's another segment that delivered double-digitrevenue growth, though it's still not profitable.

However, the success of Marvel: Avengers Alliance , Gardens of Time , and Animal Kingdom on Facebook are improving Disney's visibility on the topsocial-networking website with three titles attracting more than amillion monthly players apiece.

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