Core Insights - Fox Corporation's Q1 fiscal 2025 adjusted earnings per share reached $1.45, surpassing estimates by 29.5% and showing a year-over-year increase of 33.02% [2] - Revenues for the quarter increased by 11.13% year over year to $3.5 billion, exceeding consensus estimates by 5.6% [3] Revenue Breakdown - Affiliate fees, accounting for 51.71% of total revenues, rose 5.92% to $1.84 billion, driven by a 10% growth in the Television segment and a 3% increase in the Cable Network Programming segment [3] - Advertising revenues, making up 37.29% of total revenues, increased by 10.75% year over year to $1.33 billion, influenced by higher political advertising, strong Tubi performance, and events like the UEFA European Championship [4] - Other revenues, which constitute 11% of total revenues, surged 47% year over year to $392 million [5] Operating Performance - Operating expenses rose 8.38% year over year to $2.02 billion, but as a percentage of revenues, they decreased by 1295 basis points to 58.54% [8] - Total adjusted EBITDA increased by 20.60% year over year to $1.05 billion, with an adjusted EBITDA margin expanding by 231 basis points to 29.41% [9] Financial Position - As of September 30, 2024, Fox had $4.05 billion in cash and cash equivalents, down from $4.31 billion as of June 30, 2024, with long-term debt standing at $600 million [10] Market Position and Outlook - Fox holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [13] - The company has a strong Growth Score of A and a Value Score of A, placing it in the top 20% for investment strategy [12]

NEW YORK and LOS ANGELES, Dec. 2, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Chief Financial Officer Steve Tomsic will participate in the upcoming UBS Global Media and Communications Conference on December 9, at approximately 12:00pm (Eastern), 9:00am (Pacific).A live and archived webcast of the presentation will be available at investor.foxcorporation.com. ABOUT FOX CORPORATIONFox Corporation produces and distributes compelling news, sports, and entertainment content thro ...

Assay Highlights: 24GF-1508: 10.2 g/t Au over 11.1 m (0.30 opt Au over 36.4 ft) 24GF-1513: 11.2 g/t Au over 5.8 m (0.33 opt Au over 19.0 ft) 24GF-1512: 4.6 g/t Au over 6.6 m (0.13 opt Au over 21.7 ft) See Assays in Figure 2. All assay length intervals are true widths unless otherwise noted. TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide new assay results from its Grey Fox deposit, part of the Fox Complex located in the Timmins region of Ontario, Ca ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Styl ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Fox Corporation (FOX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Fox Corporation is a member of the Consumer Discretionary sector. This group includes 270 individual stocks and currently ho ...

Fox Entertainment and Hulu announced Thursday a multi-year content deal whereby the Walt Disney-controlled streaming platform will retain the streaming rights for Fox’s extensive programming slate.The agreement includes an expansion of their platform marketing arrangement, reportedly valued at over $1.5 billion across four years, according to Deadline.The new deal builds upon both firms’ partnership spanning more than two years, a period that saw a surge in consumer interest in streaming platforms, promptin ...

Investors with an interest in Broadcast Radio and Television stocks have likely encountered both Fox Corporation (FOX) and Netflix (NFLX) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earn ...

Happy Creek Minerals Ltd. (TSX-V:HPY, OTC:HPYCF) CEO Jason Bahnsen spoke with Proactive about a 10,000-meter exploration drilling program at the Fox Tungsten project in British Columbia. He emphasized that the 139-square-kilometer project hosts one of North America's highest-grade tungsten deposits, with an initial resource estimate from 2018 of approximately one million tons at a combined grade of around 1%. The current drilling campaign aims to expand this resource by targeting several newly identified mi ...

Disney’s 2019 acquisition of most 20th Century Fox assets in a deal worth north of $71 billion enriched the Murdoch family but also swelled Disney’s debt and continues to have a mixed response from Wall Street. On a call with analysts today after quarterly earnings, Bob Iger strongly defended the move as critical to completing Disney’s content and distribution heading into the streaming era. “In late 2017, when we announced initially that we were acquiring assets from 20th Century Fox, we specifically ment ...