Disney reported better-than-expected fourth-quarter earnings and raised its full-year guidance as it made progress in cutting costs, including slashing losses in its streaming business. Earnings per share: $1.22 adjusted versus 99 cents expected, and revenue was $23.55 billion vs. $23.64 billion expected. Disney's streaming losses narrowed significantly to $216 million from $1.05 billion a year ago as it cut costs. Disney+ experienced a decrease of 1.3 million core subscribers after a price increase, but the company's average revenue per user grew as a result of the higher subscription costs.