Before the bell rings, Disney will reveal what to expect.

• Disney will report its fiscal fourth-quarter earnings before the bell Thursday.
• LSEG's analysts predict earnings per share of $1.10 and revenue of $22.45 billion.
• Executives will hold a conference call at 8:30 a.m. ET.

On Thursday, the company will release its fiscal fourth-quarter earnings, with Wall Street closely monitoring the performance of its streaming and theme parks businesses. Additionally, investors will be attentive to any updates regarding the search for CEO Bob Iger's replacement.

According to analysts surveyed by LSEG, Wall Street anticipates that Disney will reveal the following on Thursday.

• Earnings per share: $1.10 expected
• Revenue: $22.45 billion expected

Disney's combined streaming business, comprising Disney+, Hulu, and ESPN+, achieved profitability for the first time last quarter, and Wall Street has been closely monitoring the progress of streaming towards profitability.

Disney's competitors have recently reported significant subscriber gains, making subscriber growth a top priority. Max added 7.2 million subscribers during its most recent quarter, while Peacock reported 3 million additions.

Now, media companies are concentrating on revenue-generating strategies, including ad-based subscription plans and efforts to prevent unauthorized password sharing.

Disney's streaming numbers are being closely watched after Max experienced significant growth and Netflix saw a slowdown, according to Mike Proulx, research director and vice president at Forrester. He predicts that Disney's password-sharing crackdown will result in a temporary increase in subscriptions, but it will not last long.

The slowdown in consumer demand for theme parks in the U.S. is a concern, as evidenced by Disney's flat attendance at its U.S. parks in the last quarter.

Disney has announced that it will reveal the identity of CEO Iger's successor in early 2026, with incoming chairman James Gorman leading the search. Investors will eagerly await more information on the selection process.

This story is developing. Please check back for updates.