Iger has emphasized the company's progress and its strong positioning for future growth after overcoming significant obstacles.

In a strategic move, Disney is set to announce Iger's successor in early 2026, considering both internal and external candidates, including Andrew Wilson from Electronic Arts.

Disney reported a consolidated revenue of $22.6 billion for its fiscal fourth quarter, marking a 6% increase, with net income rising to $460 million from $264 million year-over-year, resulting in adjusted earnings per share of $1.14.

The company's streaming segment saw a significant turnaround, achieving an operating profit of $321 million, a rebound from a $387 million loss a year earlier, largely driven by the success of its streaming services.

Subscriber numbers for Hulu and Disney+ Hotstar exceeded expectations, positively impacting the overall performance of the streaming division.

As Disney navigates its recovery, it is actively searching for a new CEO to replace Bob Iger, who returned in 2022 amid financial challenges following Bob Chapek's tenure.

Despite a 17% drop since its 52-week high in April and nearly a 50% decline since 2021, Disney's stock is showing signs of recovery, particularly after crossing above $110.

Looking ahead, Disney anticipates high single-digit growth in adjusted earnings per share for fiscal 2025, with expectations for double-digit growth in the following two years.

The company projects an additional $875 million in streaming profits for the upcoming fiscal year, which is crucial as it faces challenges from declining ad sales and cord-cutting in traditional networks.

Additionally, Disney has closed its joint venture with Reliance in India, merging its Star and Hotstar assets with Viacom18's TV and streaming business in a deal valued at approximately $8.5 billion.

While Disney's streaming division has improved, its traditional TV networks are still experiencing profit declines, and international theme park attendance has also been lower.

Disney's recent success was highlighted by a record-breaking 60 Emmy Awards, showcasing its strength in television production and content creation.