Disney ends fiscal year with record revenue and profit

Posted | Contributed by Jeff

Disney reported a fourth-quarter profit of $1.2 billion on revenue of $10.8 billion. That translated into earnings of 68 cents a share, up from 58 cents a year earlier. For the year, Disney's profit totaled almost $5.7 billion, up 18 percent and a company record, on revenue of almost $42.3 million, up 3 percent and also a record. Earnings per share also set a record of $3.13, up from $2.52 a share in fiscal 2011. The Avengers movie, EPSN, a new cruise ship and better Disneyland attendance benefit the company.