The Walt Disney Co. reported a profitable third quarter with earnings of $2.62 billion, or $1.43 per share, reversing a $460 million loss from the previous year. This performance was bolstered by the company's streaming services, including Disney+, Hulu, and ESPN+, which achieved profitability for the first time, earning an operating profit of $47 million. Revenue for the quarter rose 4% to $23.16 billion, surpassing Wall Street estimates, with significant contributions from content sales and the success of 'Inside Out 2', now the highest-grossing animated film of all time. The direct-to-consumer segment's losses were reduced to $19 million compared to $505 million a year earlier, reflecting a 15% revenue increase. Despite a 6% decline in domestic theme park operating income due to rising costs, Disney's overall outlook remains positive with a projected 30% growth in adjusted earnings per share for the year. The company's successful navigation of recent challenges, including a proxy fight with investors, positions it favorably moving forward.