Disney Earnings Follow-Up - Walt Disney (NYSE:DIS)

The

Walt Disney CompanyDIS

reported their fourth quarter and full year earnings for fiscal 2013. Fourth Quarter Earnings:

Disney reported Q4 EPS of $0.77 versus $0.76 estimate and revenue of $11.60 billion versus $11.40 billion estimate. EPS were up 13% from the same quarter last year and sales were up 8% year over year.
Media networks revenue increased 1% to $4.9 billion. Media network segment operating income was $1.4 billion, an 8% decrease.
Revenues increased 5% to $20.4 billion segment operating income increased 3% to $6.8 billion.
Cable network operating income decreased to $95 million.
Broadcasting operating income decreased $34 million to $158 million based on an increase in primetime programming costs.
Park and Resorts revenues increased to $3.7 billion, and operating income increased to $571 million.

Full Year Earnings:

Revenue was a record $45 billion, up 7%.
EPS were also record high at $3.38 versus $3.13 last year, an 8% increase.
Cable network operating income increased $343 million to $6 billion due to ESPN growth.
Broadcasting operating income decreased $144 million to $771 million based on an increase in primetime programming costs and lower program sales.
Park and Resorts revenues increased to $14.1 billion, and operating income increased to $2.2 billion.