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Disney (DIS) Stock Closes Higher on $4 Billion Global Box Office Results

NEW YORK (TheStreet) -- Shares of The Walt Disney Co. (DIS - Get Report) finished the day in the green, closing higher by $1.18% to $104.61 on Thursday, after the company announced it earned $4 billion at the global box office this year.

This is the third consecutive year that the entertainment giant hit that threshold, CNBC.com reports.

The banner box office year was due in large part to the company's Marvel unit and its super hero films.

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Marvels "Avengers: Age of Ultron" grossed $1.4 billion and "Ant-Man" grossed $410 million worldwide, according to CNBC.com.

Disney Pixar's latest animated feature, "Inside-Out" recently passed $800 million at the worldwide box office.

Disney is expected to see enormous box office results from its highly anticipated "Star Wars" sequel, "Star Wars: The Force Awakens."

The seventh installment in George Lucas' blockbuster franchise, out December 18, is expected to hit $615 million in its worldwide...


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