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In Walt Disney are optimisits after 7% decrease of the profit

The media company Walt Disney announced that its profit fell by 6.7% yoy in the fourth for her fiscal quarter ended October 2nd. However, in Walt Disney remain optimistic and expect an increase in advertising revenue and increased attendance at its amusement parks. As a result, shares of Disney with a 1.7 percent rise in price to 36.65 dollars in the hours after the regular session of the New York Stock Exchange. The net income declined to 835 million dollars, or 43 cents a share, from 895 million dollars (47 cents per share) for the same period last year. The presentation of Walt Disney was weaker than market expectations, due partly to the fact that part of the revenues for pay-TV services for ESPN sports channel were recorded earlier than in 2009. Excluding one-off income and expenses, earnings per share amounted to 45 cents, which does not meet the average estimates of analysts for earnings of 47 cents per share. The company's revenues decreased by 1.3 percent annually to 9.74 billion dollars, which also proved to be less than analysts estimated $ 10 billion. Film studio on the California-based company earned a profit of 104 million versus a loss of $ 13 million for the same period last year. The gain is due to good revenue from the films "Toy Story 3" and the release of the movie "Iron Man 2" on DVD. Revenue rose in the studio with 6.4 percent annually to 1.59 billion dollars.
The revenues of amusement parks reduced by about 1% to 2.82 billion dollars. Their profits fell by 8.1 percent to 316 million dollars, and attendance dropped by 6%. Walt Disney, which is the largest owner of amusement parks in the world, is one of the 30 shares index Dow Jones IA. Market capitalization of the company rose by 11% this year to 68.72 billion dollars.