Disney sets new 'Star Wars' date, beats estimates

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Disney reported higher profit for the quarter, lifted by more visitors to U.S. theme parks and higher sales of toys and other consumer products.

The company also said it will bring the next movie in the "Star Wars'' franchise to theaters on Dec. 18, 2015, the company said in a statement on Thursday.

Disney purchased "Star Wars" producer Lucasfilm for $4.05 billion in 2012 and promised at least three more films in the series, which ranks as one of the biggest movie franchises of all time.

(Read more: Disney, Netflix in deal for series based on Marvel characters )

Fiscal fourth-quarter net income rose 12 percent to $1.39 billion or 77 cents per share from $1.24 billion or 68 cents in the year-earlier period.

Revenue increased 7 percent to $11.57 billion from $10.78 billion a year ago.

Analysts had expected Disney to report earnings of 76 cents a share on $11.40 billion in revenue, according to a consensus estimate from Thomson Reuters.

Parks and Resorts revenues for the quarter increased 8 percent to $3.72 billion and Studio Entertainment revenues for the quarter increased 7 percent to $1.51 billion, according to its earnings release.

-CNBC with Reuters

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