Summary Box: Disney 2Q upbeat despite 'Carter'

Summary Box: Disney set to ride 'Avengers' success after 2nd-quarter profit beats forecasts

Associated Press
Summary Box: Disney 2Q upbeat despite 'Carter'
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FILE - In this March 31, 2012 file photo, a firework display lights up the castle of Sleeping Beauty in Disneyland's theme park in Marne-la-Vallee, east of Paris. The Walt Disney Co. said Tuesday, May 8, 2012 that net income in the first three months of the year grew 21 percent as better performance from pay TV network ESPN and its theme parks offset a loss at the movie studio driven by the flop "John Carter." Net income in the three months to March 31 rose to $1.14 billion, or 63 cents per share, from $942 million, or 49 cents per share, a year ago. (AP Photo/Michel Spingler, File)

LOSS AVENGING: Disney reported adjusted second-quarter earnings through March of 58 cents per share, topping forecasts for 55 cents, despite a $200 million loss on the movie "John Carter." ESPN and theme parks performance overrode the studio's problems.

MOVIE MAGIC: Disney is attempting to sprinkle pixie dust on its megahit "The Avengers." It plans a sequel to follow next year's "Iron Man 3," ''Thor 2" and "Captain American 2" in 2014. Theme park attractions are in the works.

STOCK GAINS: Disney shares rose 1.9 percent to $45.12 in after-hours trading. The stock is up about 20 percent since the beginning of the year.

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