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Disney 2Q net profit up 32 per cent

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Disney has topped analyst expectations as revenue gains at its parks and movie studio led to a 32 per cent increase in net income during the January-March quarter.

Net income grew to $US1.51 billion ($A1.48 billion), or 83 US cents per share.

Factoring out one-time items, adjusted earnings came to 79 US cents per share, beating the 77 US cents expected by analysts surveyed by FactSet.

Revenue grew 10 per cent to $US10.55 billion ($A10.33 billion), also topping the $US10.49 billion ($A10.27 billion) expected by analysts.

Parks and resorts revenue rose 14 per cent to $US3.30 billion ($A3.23 billion), while movie studio revenue grew 13 per cent to $US1.34 billion ($A1.31 billion). Revenue from pay TV networks like ESPN grew six per cent to $US4.96 billion ($A4.86 billion).

Shares of Burbank, California-based Walt Disney Co rose 33 US cents to $US66.40 in after-hours trading after the results were released.