Walt Disney Co shares climbed near 3 percent after the firm reported on Tuesday its quarterly profit climbed triggered by stronger park attendance and better studio results.
Shares of Walt Disney Company closed 1.32 percent up by $33.73 a share on Tuesday at the New York Stock Exchange. In after-hours electronic trading shares jumped 2.58 percent to $34.60.
The company reported its fiscal second quarter ended March 29 had a net income of $1.1 billion or 58 cents a share, compared to $919 million or 44 cents a share in the same period in 2007.
Disney surpassed previous forecasts of $997.2 million of net income or 51 cents a share according to Bloomberg polls.
The second largest media company in the United States reported an increase on its revenue to $8.71 billion from $8.07 billion in 2007. According to Reuters surveys analysts expected revenue of $8.49 billion.