Disney profit boosted by theme park visitors, 'Frozen' toys | Key4Communications | News

Walt Disney Co's (quarterly revenue and profit topped Wall Street estimates as visits to its theme parks rose and last year's animated film hit "Frozen" drove home video and toy sales. Net income attributable to Walt Disney rose to $2.18 billion, or $1.27 per share, in the first quarter, from $1.84 billion, or $1.03 per share, a year earlier.

Operating income at Disney's parks and resorts rose 20 percent to $805 million in the company's fiscal first quarter, ended Dec. 27, . "Frozen" toys sold well during the Xmas holidays, leading Disney's consumer products division to a profit of $626 million, a 46 percent increase from a year earlier, according to the company.