BURBANK, Calif. (AP) -- BURBANK, Calif. (AP) -- The Walt Disney Co. (DIS) on Wednesday reported fiscal first-quarter earnings of $2.55 billion.

The Burbank, California-based company said it had profit of $1.40 per share. Earnings, adjusted for non-recurring costs, came to $1.76 per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.

The entertainment company posted revenue of $24.69 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $24.66 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DIS at https://www.zacks.com/ap/DIS