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This article was published on November 8, 2012

    Disney on par with Q4 revenues of $10.7 billion, EPS of $0.68 on back of weak gaming performance

    Disney on par with Q4 revenues of $10.7 billion, EPS of $0.68 on back of weak gaming performance Image by: LEON NEAL
    Alex Wilhelm
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    Alex Wilhelm

    Alex Wilhelm is a San Francisco-based writer. You can find Alex on Twitter, and on Facebook. You can reach Alex via email at [email protected] Alex Wilhelm is a San Francisco-based writer. You can find Alex on Twitter, and on Facebook. You can reach Alex via email at [email protected]

    Disney is down several points following a strong, if uninspring end to its fiscal year. In the company’s fiscal fourth quarter, it reported revenues of $10.7 billion, and earnings per share of $0.68.

    Before the bell, predictions for its earnings per share results matched that figure, coming in at $0.68. A bit on the nose, which has led to a mild selloff of the company in after hours trading: 2.06% at the time of writing. In normal trading, Disney was all but unch, as the market waited.

    The company’s cash from operations and free cash flow declined when compared to the year ago quarter, while its revenue, net income, and earnings per share all rose.

    Disney recently made a splash in the areas of technology and general nerdery by buying Lucasfilm for $4.05 billion. The kicker: More Star Wars Films are coming. With that purchase, Disney picked up the technology and special effects assets that were component to Lucasfilm.

    Brodcasting revenue for the entertainment giant eased, as did revenues from its Studio Entertainment segment. That said, there was a small silver lining to the decline in that channel: “The revenue decline from fewer theatrical releases was largely offset by a decrease in the related distribution and marketing costs and production cost amortization.”

    However, the gaming and tech side of Disney performed well: “Improved segment operating results for the year reflected an increase at our social games business,” Disney stated, after noting that its overall Interactive segment was soft.

    All told, a mixed quarter for the company that closes its fiscal year.

    Image credit: LEON NEAL / Getty Images