Disney’s Bob Iger says the company has turned a corner

Is Disney in trouble?

image credits by Google

Well, Disney has been facing rough time.

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Even after CEO Bib Iger returned from a brief retirement .

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The question for Disney is , when Iger exists, who will be the successor .

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On Wednesday Iger said that Disney is finally on the road of success again.

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For the fiscal first quarter, Disney reported earnings per share of $1.04

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Disney's earnings beats the Wall Street's estimate of $0.99.

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By whopping 20% , company surprised investors by announcing.

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Disney's earnings per share grew 49% from the 70%

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For the quarter, Disney reported revenues of $23.5 billion.

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After hours trading, Disney's stock shot up 7%.

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Company has turned a corner sending the stock higher.

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