There was a lot for investors to like about Disney's (DIS 1.40%) first-quarter earnings results. The big news, of course, was the blowout success of Frozen, which helped the entertainment giant's studio arm more than double its profits on a 35% boost in sales.
Source: Disney.
But, as Fool contributor Demitrios Kalogeropoulos argues in the following video, there was even better news for investors willing to dig a little deeper into the earnings report. As an example, he highlights Disney's booming parks and resorts business, which booked strong sales and profit growth despite a calendar shift that lopped the Easter holiday off this year's results. Shareholders should be more excited about that division's long-run earnings potential, he says, given its ability to kick in consistent revenue and earnings gains.
