The Walt Disney Company today reported earnings for the fourth quarter and fiscal year ended September 30, 2006. Diluted earnings per share (EPS) for the fourth quarter increased 89% to $0.36, compared to $0.19 in the prior-year period, reflecting growth at Studio Entertainment, Parks and Resorts, and Media Networks. For the year, EPS increased 34% to $1.64, compared to $1.22 in the prior year, reflecting growth at each operating segment.
"Disney had a spectacular year, posting record revenues, record net income, and record cash flow," said Bob Iger, president and chief executive officer of the Walt Disney Company. "It is a result of the incredible creativity at our company."