Inside the Results
The company reported earnings of $2.11 billion, or $1.23 per share, up from $1.92 billion, or $1.08 per share, last year. Excluding special items, earnings were $1.23 per share – above analysts’ view of $1.11 per share.
Revenue increased 7% to $12.46 billion from $11.65 billion. Analysts expected to see revenue of $12.25 billion.
‘Frozen’ Remains in the Spotlight
The company noted that it also expects to see consumer excitement for consumer products for ‘Star Wars: The Force Awakens.’
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Index Fund||1.55%|
|VFINX||Vanguard 500 Index||1.01%|
The Bottom Line
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