Two entertainment behemoths — The Walt Disney Company (DIS – Analyst Report) and News Corp. (NWSA – Analyst Report) — reported quarterly earnings after the bell Thursday. While Disney posted a fiscal Q4 2015 earnings beat of 3 cents per share to $1.20 on slightly lower-than-expected revenues of $13.51 billion, News Corp. reached 5 cents per share on $2.01 billion in sales in its fiscal Q1 2016 results — both below the Zacks Consensus estimates.