Walt Disney Co. (NYSE:DIS) shares fell Thursday after the company released its fiscal fourth-quarter 2025 results.

While adjusted earnings per share (EPS) surpassed analyst expectations, the company’s total revenue fell slightly short of projections.

For the quarter, Disney reported adjusted EPS of $1.11, beating the consensus estimate of $1.04.

Also Read: Disney Names Michael Moriarty CFO Of Experiences Division

However, revenue remained flat year-over-year (Y/Y) to $22.5 billion, slightly missing the $22.7 billion analyst forecast.

Direct-to-Consumer (DTC) Streaming Growth

The direct-to-consumer (DTC) streaming businesses, including Disney+ and Hulu, reached a combined operating income of $352 million on revenue of $6.25 billion, an increase of 8% Y/Y.

Disney added new streaming customers this quarter, helped by a fresh distribution deal with Charter Communications, Inc. (NASDAQ:CHTR), CFO Hugh Johnston told Reuters.

The company also saw strong engagement from the box office hit Lilo & Stitch, which drew 14.3 million Disney+ views within its first five days of release.

The quarter concluded with 196 million total Disney+ Core and Hulu subscriptions, a sequential increase of 12.4 million. Disney+ Core paid subscribers increased by 3.8 million to 132 million.

Segment Revenue and Operating Income Overview

Revenue ...