05/10/2006 Archives: "Disney's quarterly profit rises; Toy Story 3 confirmed"

The Walt Disney Company has released its financial results for the second quarter and six months ended April 1, 2006. "Diluted earnings per share (EPS) for the second quarter increased 19% to $0.37, compared to $0.31 in the prior-year quarter. For the six-month period, diluted EPS increased 16% to $0.74, compared to $0.64 in the prior-year period," informs the press release, which may be read at Yahoo! Finance.

Meanwhile, during the conference call, Disney CEO Robert Iger noted that Toy Story 3 is in production, while other sequels to Pixar's classics may be on the way as well. As Bloomberg.com observes, Iger pointed out his "'being careful' about Pixar's output so quality isn't diminished."

Posted by Mickey at 3:10 am ET