* Fox Corp reported quarterly adjusted earnings of $1.45 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.09. The mean expectation of nineteen analysts for the quarter was for earnings of $1.11 per share. Wall Street expected results to range from 91 cents to $1.18 per share.
* Revenue rose 11.1% to $3.56 billion from a year ago; analysts expected $3.37 billion.
* Fox Corp's reported EPS for the quarter was $1.78.
* The company reported quarterly net income of $827 million.
* Fox Corp shares had fallen by 1.1% this quarter and gained 41.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 6% in the last three months.
* In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell."
* The average consensus recommendation for the broadcasting peer group is also "hold"
Wall Street's median 12-month price target for Fox Corp is $42.00 This summary was machine generated from LSEG data November 4 at 03:27 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 1.11 1.45 Beat
Jun. 30 2024 0.81 0.90 Beat
Mar. 31 2024 0.96 1.09 Beat
Dec. 31 2023 0.13 0.34 Beat
Comments