Disney earnings fall short of expectations

Walt Disney Co. reported earnings and revenue that were lower than analysts expected.

Earnings were $1.87 per share, less than the $1.95 per share prediction by Thomson Reuters. Revenue of $15.2 billion was short of a $15.3 billion forecast.

Still, the company's studio revenue grew 20 percent year over year to $2.9 billion, driven by box office collections from Marvel's "Avengers: Infinity War" and Pixar's "Incredibles 2."

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