Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”

The Walt Disney Co. ended its fiscal 2024 on a high note, thanks in large part to its theatrical film division and growth in streaming, even as its ESPN and experiences businesses dragged down net income slightly compared to a year earlier.

Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming service

The streaming profit and studio are bright spots, while income from cable and theme parks declines.

The Walt Disney Co. ended its fiscal 2024 on a high note, thanks in large part to its theatrical film division and growth in streaming, even as its ESPN and experiences businesses dragged down net income slightly compared to a year earlier.

Disney on Thursday reported fourth-quarter adjusted profits that surpassed Wall Street's expectations. Driven by strong performances from its entertainment division and streaming services, these results highlight the company's successful strategy in capitalizing on high-demand content and digital offerings.

Disney ended its 2024 fiscal year with 122.7 million Disney+ Core paid subscribers, an increase of 4.4 million subs over the September quarter three month period — better than expected. In reporting fiscal Q4 2024 results that beat Wall Street forecasts,