5 Amazing Things About Disney's Blowout Quarter

Sometimes you get a blowout performance just when you need it the most. Walt Disney (NYSE: DIS) posted better-than-expected financial results on Thursday afternoon. The 23% decline in revenue for its fiscal fourth quarter might seem rough, but analysts were bracing for a 26% year-over-year dip.

Posting an adjusted loss of $0.20 a share also may not seem applause-worthy, but it's actually a lot less red ink than Wall Street pros were targeting on the bottom line. Disney came through with a big beat after hitting a 10-month high earlier this week. The beat on both ends of the income statement isn't the only refreshingly positive news to come out of the media giant's latest report. Let's take a closer look at a few of the other strong signs for Disney.

Image source: Walt Disney.

Source Fool.com