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Disney Q4 adjusted profit tops estimates on strong results from entertainment unit, streaming
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Disney Cruise Line's newest ship, The Treasure, arrives at dawn Port Canaveral, Fla., Tuesday, Nov. 12, 2024. - photo by Joe Burbank/Orlando Sentinel via AP
Disney's fourth-quarter adjusted profit beat Wall Street's expectations, bolstered by strong results from company's entertainment business and its streaming service. Disney earned $460 million, or 25 cents per share, for the period ended Sept. 28. A year earlier the Burbank, California-based company earned $264 million, or 14 cents per share.