May 9 Walt Disney Co reported an 11.4 percent rise in quarterly profit on Tuesday, helped by the success of its latest fairy tale adaptation "Beauty and the Beast" and strength in the company's theme park business.
Disney's revenue rose 2.8 percent to $13.34 billion from $12.97 billion, a year earlier.
Net income attributable to the company rose to $2.39 billion, or $1.50 per share, in the second quarter ended April 1, from $2.14 billion, or $1.30 per share.
Investors breathed a sigh of relief after Disney said in March that it would extend Chief Executive Officer Bob Iger's term to July 2019.
The company extended Wall Street favorite Iger's term for the third time.
(Reporting by Rishika Sadam in Bengaluru; Editing by Sriraj Kalluvila)
UPDATE 1-UK Stocks-Factors to watch on June 29
June 29 Britain's FTSE 100 index is seen opening up 37 points at 7,424 on Thursday, according to financial bookmakers, with futures up 0.52 percent ahead of the cash market open.
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