Disney (NYSE: DIS) reported Q4 EPS of $1.07, $0.08 worse than the analyst estimate of $1.15. Revenue for the quarter came in at $12.78 billion versus the consensus estimate of $13.34 billion.

“No other entertainment company is better equipped to navigate the ever-evolving media landscape, thanks to our unparalleled collection of brands and franchises and our ability to leverage IP across our entire company,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “We look forward to launching our first direct-to-consumer streaming service in the new year, and we will continue to invest for the future and take the smart risks required to deliver shareholder value.”

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