Increased revenue from Disney’s (DIS) media networks and consumer-products divisions helped the company beat analyst estimates and counter falling studio entertainment and park and resort revenues in the company’s fiscal second quarter.

Disney reported adjusted earnings per share fell 26% to 43 cents per share, down from non-GAAP earnings per share of 58 cents one year ago. Revenue fell 7% to $8.09 billion, compared to sales of $8.7 billion one year ago.Analysts were expecting earnings of 40 cents per share, according to a poll by Thomson Reuters.

Net income for the quarter fell 46% to $613 million, compared to profit of $1.13 billion in 2008, while diluted earnings per share fell 43% to 33 cents per share, compared to 58 cents per share recorded one year ago.

Revenue from the company’s parks and resorts fell 12% to $2.4 billion, as did revenue from Disney interactive media, which fell 17% to $129 million. Studio entertainment revenue also fell 21% to $1.4 billion.

Those segments reporting weak revenue numbers were buoyed somewhat by revenue generated by Disney’s media networks and consumer products. Revenue from media networks rose 2% to $3.6 billion in the second quarter, while revenue from consumer products rose 9% to $496 million.

"We had a difficult second quarter due to the weak economy and other factors," said Robert A. Iger, president and CEO of The Walt Disney Company. "At the same time, we remain focused on our core business strategy and believe our creativity, brands and businesses will serve us well as the economy recovers."

Shares of the company’s stock rose 4% on Tuesday after the closing bell.