Walt Disney Co. late Tuesday said it posted its biggest quarterly earnings ever in the first quarter on the global success of 'Star Wars: The Force Awakens." The company reported its earnings jumped to $2.88 billion, or $1.73 a share, from $2.18 billion, or $1.27 a share, in the same quarter last year. Excluding items, the company would have earned $1.63 a share. Revenue grew 14% to $15.24 billion. Analysts surveyed by FactSet had forecast adjusted earnings of $1.45 a share on revenue of $14.79 billion. Its studio entertainment business led the surge in operating income while media networks saw its operating income drop 6%. Despite the robust results, shares of Disney fell 1.9% in after-hours trade.
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