Earnings roundup

Several companies, including some that are based in Utah or have ties to the state, reported quarterly financial results Wednesday.

Disney

Profit at The Walt Disney Co. increased 5 percent in the third quarter on increased attendance at its theme parks, higher ad and subscription income from its TV channels and the sale of Disney merchandise, the company said.

The Burbank-based media conglomerate reported net income of $1.178 billion, or 57 cents per share, for the quarter ended June 30, compared to $1.125 billion, or 53 cents per share, in the same period last year.

Revenue climbed to $9.045 billion from $8.474 billion in the year-ago period.

Extra Space

Extra Space Storage Inc. reported funds from operations available to common shareholders of $18.9 million, or 27 cents per share, for the quarter ended June 30. That compares with $13.2 million, or 24 cents per share, for the year-earlier quarter.

Revenues totaled $56.6 million, up from $48.5 million.

Extra Space, a real estate investment trust based in Salt Lake City, operates 644 self-storage properties in 33 states and Washington, D.C. The company, the second-largest operator of self-storage in the country, has properties totaling about 441,000 units and 46.9 million square feet rented by approximately 323,000 tenants.

Kraft

Kraft Foods Inc. said its second-quarter profit rose 3.7 percent thanks to higher sales and lower restructuring charges, but warned that its profit margins could slip during the second half of the year.

The company based in Northfield, Ill., said its profit rose to $707 million, or 44 cents per share, for the April-through-June period and managed to top Wall Street forecasts. Kraft earned $682 million, or 41 cents per share, during the same period last year.

Revenue climbed 6.8 percent to $9.21 billion from $8.62 billion, beating Wall Street forecasts.

MasterCard

MasterCard Inc., the world's No. 2 credit card franchise, said a rise in cardholder spending, especially abroad, helped it post a second-quarter profit that beat Wall Street predictions.