Frozen helps to boost Disney

Kate McCann
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DISNEY beat market expectations last night, helped along by popular animated film Frozen.

Shares in the media company rose in after-hours trading after it posted net income for the quarter of $1.9bn (£1bn) from $1.5bn a year earlier. Adjusted earnings were $1.11 a share, beating analyst expectations of $0.96.

In results posted a year ago, Disney reported earnings of $0.79 per share.

The boost largely came from Disney’s studios, helped by hit film Frozen.

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