Disney shares tumbled some 5 percent in after-hours trade after reporting profits fell 51 percent to $1.4 billion while revenues rose 33 percent to $20.2 billion.
"Our third-quarter results reflect our efforts to effectively integrate the 21st Century Fox assets to enhance and advance our strategic transformation," said Disney chief executive Bob Iger. The latest results were highlighted by box-office hits such as "Avengers: Endgame," "Aladdin," "Captain Marvel" and "Toy Story 4."
Disney also included results from Hulu, the online streaming service in which it acquired a controlling stake with the Fox deal.
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