Walt Disney Co reported a better than expected 7 percent jump in quarterly revenue, helped by strong advertising that boosted the company's cable networks.
Shares of the media, entertainment and consumer giant gained 3 percent in after-hours trading to $35.75, from a regular-session close of $34.70.
The operator of the ESPN and ABC networks, a movie studio and theme parks, reported fiscal third-quarter revenue of $10.68 billion, a 7 percent gain from a year earlier.
It posted net income of $1.48 billion or 77 cents per share, versus $1.33 billion or 67 cents a year earlier.
Analysts had expected earnings of 73 cents per share on revenue of $10.5 billion, according to Thomson Reuters I/B/E/S.
Disney, like other media companies this quarter, rode an advertising boom that drove growth at its ESPN sports network and other cable channels. But worries about the economy are spurring fears that consumers will curb trips to movie theaters and theme parks, or that advertisers will pull back after a recent spending binge as corporate budgets tighten.
(Reporting by Lisa Richwine, editing by Bernard Orr)