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Earnings Look Back: Walt Disney Is Up 0.8% Since Reporting Quarterly Results 1 Week Ago (DIS)
[May 20, 2013]

Earnings Look Back: Walt Disney Is Up 0.8% Since Reporting Quarterly Results 1 Week Ago (DIS)


May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- When Walt Disney (NYSE:DIS) reported earnings a week ago on May 7th, 2013, analysts, on average, expected the company to report earnings of $0.77 on sales of $10.5 billion. The company actually reported EPS of $0.79 on sales of $10.6 billion, beating EPS estimates by $0.02 and beating revenue estimates by $73.9 million. Since the company's report, shares of Walt Disney have risen from $66.07 to $66.58, representing a gain of 0.8% in the past 13 days.

Over the past year, Walt Disney has traded in a range of $43.51 to $67.89 and is now at $66.58, 53% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.9%.

SmarTrend recommended that subscribers consider buying shares of Walt Disney on January 4th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $51.84. Since that recommendation, shares of Walt Disney have risen 28.4%. We continue to monitor DIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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