walt disney co reported an even more jarring slowdown in disney growth than expected wednesday while missing expectations for earnings and sales and shares fell in afterhours trading disney dis reported fiscal fourthquarter net income of 159 million or 9 cents a share compared with a loss of 39 cents a share in the yearago quarter after adjusting for restructuring costs amortization and other effects the company reported earnings of 37 cents a share compared with an adjusted loss of 20 cents a share a year ago revenue improved to 1853 billion from 1471 billion a year ago analysts surveyed by factset had expected adjusted net income of 52 cents a share on revenue of 188 billion in the weeks leading up to the results analysts keyed on the growth of disney’s streaming efforts disney added only 21 million subscribers in the quarter a 18 increase to 1181 million after chief executive bob chapek warned in september of low singledigit growth analysts on average expected 1253 million subscribers at the end of the quarter according to factset shares fell more than 4 in afterhours trading wednesday following the release of the results after declining 03 to 17453 in the regular session “as we celebrate the twoyear anniversary of disney we’re extremely pleased with the success of our streaming business with 179 million total subscriptions across our dtc portfolio at the end of fiscal 2021 and 60 subscriber growth yearoveryear for disney” chapek said in a statement announcing the results “we continue to manage our dtc business for the longterm and are confident that our highquality entertainment and expansion into additional markets worldwide will enable us to further grow our streaming platforms globally” disney breaks down its operations into two segments “media and entertainment distribution” and “parks experiences and products” in the fourth quarter the media business collected revenue of 1308 billion in total while analysts on average expected 134 billion the streaming segment which also includes international products hauled in 456 billion in revenue roughly in line with analysts’ forecasts of 458 billion on average the company’s television networks provided sales of 67 billion trailing analysts’ average estimate of 689 billion while the film business reported revenue of 205 billion vs expectations of 215 billion disney’s theme parks and product sales segment reported 545 billion in revenue as attractions slowly reopened in the us and abroad a spike from 27 billion a year ago the average analyst estimate was 545 billion disney stock has struggled so far this year falling 39 as the sp 500 index spx gained 262 and the dow jones industrial average djia which counts disney as a component has increased 187