Movement Alert｜Fox Corporation Class A After-Hours Rise 5.27%, Fiscal Q1 Earnings and Revenue Beat Expectations

Market Focus11-03 05:03

On November 3, Fox Corporation Class A rose 5.27% in After-Hours Trading, trading at $63.1/share, with turnover of $9.077 million.

The move followed fiscal first-quarter results released on November 2 showing adjusted EPS of $2.54 and revenue of $4.57 billion, both above market expectations.

Reported figures were up from $1.51 per share and $3.74 billion a year earlier, while consensus had been for about $2.05 to $2.09 in adjusted EPS and roughly $4.31 billion to $4.32 billion in revenue. The earnings beat was supported by strong political advertising and sports programming, with World Cup-related demand and election spending highlighted as major revenue drivers.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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