There was a lot for investors to like about Disney's (NYSE:DIS) 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.

Demitrios Kalogeropoulos owns shares of Walt Disney. The Motley Fool recommends and owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.