(Reuters) - Walt Disney Co
Shares of the company, which is buying the bulk of Twenty-First Century Fox Inc's
Revenue from Disney's studio business, which produces and acquires live-action and animated motion pictures, rose 50 percent to $2.15 billion, beating the average analyst estimate of $1.80 billion.
Revenue from its theme parks and resorts business rose 8.6 percent to $5.07 billion, also beating analysts' estimate of $5.09 billion.
Net income attributable to Disney rose to $2.32 billion, or $1.55 per share, in the fourth quarter ended Sept. 29 from $1.75 billion, or $1.13 per share, a year earlier.
Excluding certain items, Disney earned $1.48 per share, above analysts' expectations of $1.34 per share, according to IBES data from Refinitiv.
The company said total revenue rose to $14.31 billion from $12.78 billion, above analysts' estimates of $13.73 billion.
(Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D'Silva)