UPDATE 1-Disney profit rises on theme parks, toy sales
LOS ANGELES, Nov 7 (Reuters) - Walt Disney Co reported higher profit for the quarter that ended in September, lifted by increased spending from summer visitors at its U.S. theme parks and a rise in sales of toys and other consumer products.
The media company posted diluted earnings per share of 77 cents, according to a statement released on Thursday.
Analysts projected Disney would report 76 cents per share, according to the average estimate from Thomson Reuters I/B/E/S.
Net income for the quarter rose to $1.4 billion, a 12 percent gain from a year earlier.
Shares of Disney slipped nearly 1 percent in after-hours trading to $66.49, down from their earlier $67.15 close on the New York Stock Exchange.