) reported earnings that topped Wall Street's estimates on Thursday, propelled by blockbuster ticket sales from the rude and irreverent summer Marvel film"Deadpool & Wolverine," and provided an upbeat forecast for the coming year.
Disney reported adjusted per-share earnings of $1.14 for its fiscal fourth quarter that ended in September. That compares with consensus estimates of $1.10 per share, according to analysts polled by LSEG. "Thanks to the significant progress we've made, we have emerged from a period of considerable challenges and disruption well positioned for growth and optimistic about our future," Iger said in a statement.
Disney+, Hulu and ESPN+ produced operating profit of $321 million for the quarter, marking the streaming services' second straight quarter of profitability.The company reported a 32% drop in operating income at international parks, reflecting the costs to build new attractions and competition in Paris from the Olympics.