EARNINGS REPORTS: CABLE TV, THEME PARK LIFT DISNEY; COMPANY WEATHERS BOYCOTT.Byline: Daily News Wire Services Record attendance at the Walt Disney World Noun 1. Walt Disney World - a large amusement park established in 1971 to the southwest of Orlando Orlando - a city in central Florida; site of Walt Disney World theme park and strong cable television and home video sales boosted third-quarter earnings 18 percent for The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. Burbank-based Disney reported earnings of $473 million, or 69 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. in its third quarter, despite attempted boycotts by Southern Baptists. The figures compare to earnings of $406 million, or 59 cents per share, a year ago. The company's earnings slightly exceeded Wall Street estimates of about 67 cents a share. The increase also came despite disappointing ticket sales for its latest animated release, ``Hercules.'' The company's theme park business was helped by the 25th anniversary of Walt Disney World in Orlando; and broadcasting benefited from strong performances from cable TV's ESPN ESPN Entertainment and Sports Programming Network , acquired with ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. , and The Disney Channel, said Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Michael Eisner. Eisner cited healthy home video sales for ``101 Dalmatians'' as boosting revenues from films. For the first nine months of the fiscal year, Disney's earnings rose to $1.56 billion, or $2.26 a share, from $982 million, or $1.42 a share, in the year-earlier period. Revenue rose to $16.95 billion from $15.97 billion. Among other companies announcing earnings Monday: Mattel Inc. said second-quarter earnings rose 19 percent on higher sales of its Barbie dolls, Hot Wheels cars and other toys. The U.S.'s leading maker of toys said net income rose to $75.6 million, or 25 cents a share, from $63.4 million, or 21 cents, in the year-earlier period. Revenue rose 5.5 percent to $972.7 million from $921.6 million. RJR Nabisco Holdings Corp.'s second-quarter earnings rose 11 percent to $242 million, or 71 cents a share, from $219 million, or 64 cents, a year earlier. Rockwell International Corp.'s fiscal third-quarter profit rose 2.7 percent to $150 million, or 71 cents a share, from $146 million, or 67 cents, in the year-ago quarter. Hilton Hotels Corp.'s second-quarter earnings rose 58 percent on higher room rates at its luxury hotels and the purchase of casino company Bally Entertainment Corp. last year. The hotel and casino company said net income rose to $93 million, or 36 cents a share, from $59 million, or 30 cents a year earlier. Revenue rose 36 percent to $1.36 billion from $1 billion. UAL UAL United Airlines (ICAO code) UAL Unified Accelerator Library (Brookhaven National Laboratory) UAL User Account Lockdown UAL User Access Layer UAL Universal Auxiliary Language UAL User Agent Layer Corp.'s second-quarter profit rose 12 percent to $376 million, or $2.82 a fully distributed Fully distributed A new stock issue that has been completely resold to the investing public and is no longer held by dealers. fully distributed Of or relating to a new issue of securities that has been sold out. share, from $337 million, or $2.52, a year earlier. Revenue rose 4.8 percent to $4.38 billion from $4.16 billion. |
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