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Pixar Beats Handily

Stock quotes in this article: PIXR , AAPL , DIS  

Updated from 4:49 p.m.

Pixar (PIXR Quote) beat the earnings estimate it made analysts back at midquarter and offered guidance well above current expectations.

The computer-generated animation studio cited the "stellar" box office performance of The Incredibles, released last November.

For the fourth quarter ended Jan. 1, Pixar reported earnings of $55.2 million, or 91 cents per share. That's down from the $1.44 per share Pixar earned in the fourth quarter of 2003, but ahead of the Thomson First Call expectation of 77 cents. ...

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