#beat expectations

NEW YORK | Disney’s 1st-quarter results beat expectations

NEW YORK (AP) — The Walt Disney Co.’s first-quarter net income beat expectations as higher revenue from its media networks and theme parks helped offset a weaker movie slate during the quarter.

Disney and other media companies are facing a shifting landscape as more TV watchers switch to streaming rather than traditional cable bundles. Disney is building up its streaming offerings by buying 21st…

CHICAGO | McDonald’s shares jump on strong 3Q numbers

CHICAGO  — McDonald‘s logged its 13th consecutive month of positive same-store sales and topped Wall Street profit and revenue expectations for the third quarter.

Shares in the world’s biggest burger chain defied a sell-off in U.S. markets, jumping nearly 6 percent to $176.59 in early afternoon trading.

The company earned $1.64 billion, or $2.10 per share. That’s 12 cents better than industry…

(Reuters) - Harley-Davidson Inc. on Tuesday posted a lower quarterly net profit as the strong U.S. dollar hurt international sales while the company's foreign competitors cut prices.