Propelled by a strong box office performance by "Deadpool & Wolverine" and profits in streaming, Walt Disney Co. reported strong fourth-quarter results.

Deadpool & Wolverine and Inside Out 2 helped Disney to what CEO Bob Iger described as “one of the best quarters in the history of our film studio.” Disney has endured a number of tough years, with its Star Wars,

Deadpool & Wolverine,” one of the year’s biggest movies, is now streaming exclusively on Disney+. The streaming news was revealed in a sizzle reel posted by Marvel last month revealing its TV slate for next year,

Disney's latest quarter was mixed but solid with a big upswing in studio profit led by Deadpool & Wolverine and Inside Out 2. At a complex time for media and a company with many moving parts, streaming was in the black and domestic theme parks saw operating income rise.

Walt Disney's stock jumped 10.2 per cent to $113.17, its highest share price in six months. Later, shares gained as much as 12 per cent in New York, the most since February.

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.