New York (CNN Business) Disney's earnings fell sharply compared to its first quarter a year ago, but it still beat Wall Street's expectations. Missing from theaters last holiday season was a "Star Wars" movie. Disney has released a film from the franchise every December since 2015. "Star Wars: The Last Jedi" made $1.3 billion worldwide the year prior. In all, net income fell by 37% compared to the same quarter a year ago.

Source: CNN February 05, 2019 22:32 UTC