NEW YORK ( TheStreet) -- The Walt Disney Company (DIS - Get Report) has reached record profit levels in its second quarter, powered by the success of wildly-successful animated movie Frozen and superhero sequel Thor: The Dark World.
The largest global entertainment company earned $1.7 million over its March-ending quarter, 17% higher than $1.45 million a year earlier.
Net income of $1.11 a share marked the highest quarterly earnings per share in the company's history and exceeded estimates by 15 cents, according to analysts surveyed by Thomson Reuters.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts