Wall Street analysts expect Fox (FOXA) to post quarterly earnings of $0.93 per share in its upcoming report, which indicates a year-over-year decline of 14.7%. Revenues are expected to be $4.14 billion, up 20.2% from the year-ago quarter. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Before a company reveals its earnings, it is vita ...

Core Viewpoint - Fox Factory (NASDAQ: FOXF) is positioned as a strong investment opportunity, particularly in anticipation of a recovery in discretionary spending and the commitment of enthusiasts to their sports and hobbies [1] Group 1: Investment Thesis - The company is recognized for its strong premium brands, which are appealing to consumers [1] - The focus is on identifying companies that offer healthy dividends while waiting for capital appreciation [1] - The shares of Fox Factory are considered temporarily undervalued compared to its fundamentals, peers, and historical levels [1] Group 2: Investment Criteria - High odds for capital appreciation are preferred, ideally driven by foreseeable catalysts [1] - The investment strategy emphasizes companies that reward shareholders in two ways: through dividends and capital appreciation [1] - The analyst has a background in the HVAC industry, which influences the focus on related stocks [1]

Company Overview - Fox Corporation is expected to report quarterly earnings of $0.96 per share, reflecting a year-over-year decline of 11.9% [3] - Revenues are anticipated to reach $4.15 billion, which is an increase of 20.5% compared to the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 4.84% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Fox is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +4.53% [10][11] - Fox currently holds a Zacks Rank of 2 (Buy), suggesting a strong likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Fox exceeded the expected earnings of $0.61 per share by delivering $0.96, resulting in a surprise of +57.38% [12] - Over the past four quarters, Fox has beaten consensus EPS estimates three times [13] Industry Context - E.W. Scripps, another player in the Zacks Broadcast Radio and Television industry, is expected to report a loss of $0.23 per share, indicating a year-over-year change of -130% [17] - E.W. Scripps has an Earnings ESP of 0.00% and has not beaten consensus EPS estimates in any of the last four quarters [18]

Group 1 - Fox Corporation (FOX) is a member of the Consumer Discretionary sector, which includes 257 individual stocks and currently holds a Zacks Sector Rank of 10 [2] - Fox Corporation has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for FOX's full-year earnings has increased by 14.8% over the past quarter, reflecting improved analyst sentiment [4] Group 2 - Year-to-date, Fox Corporation has returned approximately 0.4%, outperforming the Consumer Discretionary sector's average return of -4.4% [4] - Fox Corporation belongs to the Broadcast Radio and Television industry, which has gained an average of 14.6% this year, indicating that FOX is slightly underperforming its industry [6] - Another stock in the Consumer Discretionary sector, Sony (SONY), has a year-to-date return of 19.5% and a Zacks Rank of 2 (Buy) [5][6]

Group 1 - The options market indicates significant implied volatility for Fox Corporation, particularly for the July 18, 2025 $22.50 Call option, suggesting that investors expect a substantial price movement [1] - Implied volatility reflects market expectations of future stock movement, often indicating potential upcoming events that could lead to a major price change [2] - Fox Corporation holds a Zacks Rank 2 (Buy) in the Broadcast Radio and Television industry, which is in the top 15% of the Zacks Industry Rank, with recent analyst activity showing an increase in earnings estimates for the current quarter from 90 cents to 92 cents per share [3] Group 2 - The high implied volatility for Fox Corporation may signal a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay [4]

Core Viewpoint - Fox Corporation (FOX) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks rating system is based on the Zacks Consensus Estimate, which aggregates EPS estimates from sell-side analysts for the current and following years [2]. - Fox is projected to earn $4.49 per share for the fiscal year ending June 2025, reflecting a year-over-year increase of 30.9% [9]. - Over the past three months, the Zacks Consensus Estimate for Fox has risen by 14.8%, indicating a positive trend in earnings estimates [9]. Impact of Institutional Investors - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, and their investment actions can significantly influence stock prices [5]. Zacks Rating System - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of Fox to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for price appreciation in the near term [11].

Core Viewpoint - Fox Corporation (FOX) is currently viewed as a more attractive investment option compared to Netflix (NFLX) for value investors seeking undervalued stocks [1]. Group 1: Zacks Rank and Earnings Outlook - FOX has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while NFLX has a Zacks Rank of 3 (Hold) [3]. - The Zacks Rank system emphasizes companies with positive earnings estimate revisions, suggesting that FOX is likely experiencing a more favorable earnings outlook [3]. Group 2: Valuation Metrics - FOX has a forward P/E ratio of 9.93, significantly lower than NFLX's forward P/E of 39.72 [5]. - FOX's PEG ratio is 1.11, while NFLX's PEG ratio stands at 2.02, indicating that FOX is expected to grow earnings at a more favorable rate relative to its price [5]. - FOX's P/B ratio is 1.74, compared to NFLX's P/B of 16.82, further highlighting FOX's relative undervaluation [6]. Group 3: Value Grades - Based on the valuation metrics, FOX has earned a Value grade of B, whereas NFLX has received a Value grade of F [6]. - The combination of FOX's solid earnings outlook and favorable valuation figures positions it as the superior value option at this time [7].

Group 1 - Fox Corporation will discuss its third quarter fiscal 2025 financial results via a live audio webcast on May 12, 2025, starting at 8:30 a.m. ET [1] - The financial results will be released at approximately 8:00 a.m. ET on the same day [1] - An archived version of the webcast will be available on the company's investor relations website [1] Group 2 - Fox Corporation produces and distributes news, sports, and entertainment content through brands such as FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations, and Tubi Media Group [2] - The company holds cultural significance with consumers and commercial importance for distributors and advertisers [2] - Fox Corporation aims to leverage its strengths and invest in new initiatives to enhance its offerings and consumer relationships [2]

Group 1 - Fox has a strong track record of exceeding earnings estimates, with an average surprise of 38.58% over the past two quarters [1][2] - In the most recent quarter, Fox reported earnings of $0.96 per share, surpassing the expected $0.65 per share by 47.69% [2] - For the previous quarter, Fox's actual earnings were $1.45 per share, exceeding the consensus estimate of $1.12 per share by 29.46% [2] Group 2 - Recent estimates for Fox have been increasing, indicating a positive outlook for future earnings [5] - The Zacks Earnings ESP for Fox is currently +6.67%, suggesting analysts are optimistic about its near-term earnings potential [8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of beating consensus estimates [6] Group 3 - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - A positive Earnings ESP combined with a Zacks Rank of 2 (Buy) indicates a strong possibility of another earnings beat for Fox [8] - It is important for investors to check a company's Earnings ESP before quarterly releases to improve the likelihood of success [9]

Core Viewpoint - Copper Fox Metals Inc. is progressing in the permitting process for a drilling program at its 100% owned Mineral Mountain porphyry copper property in Arizona, with an Environmental Assessment (EA) underway and a 30-day public comment period initiated [1][2][3]. Permitting Process Update - The Bureau of Land Management (BLM) accepted Copper Fox's Plan of Operations (PoO) for the drilling program, which includes an Environmental Assessment as required by the National Environmental Protection Act (NEPA) [2][3]. - The 30-day Solicitation of Public Comment period began on April 7, 2025, allowing the public to provide feedback on the EA [6]. Environmental Considerations - The EA and Biological Evaluation (BE) address compliance with the Endangered Species Act and other environmental regulations, focusing on the potential impact on the acuña cactus and its habitat [4][7]. - The findings indicate that the proposed drilling program "may affect but is not likely to adversely affect" the acuña cactus, with no individuals observed in the planned disturbance area [7][5]. Geological and Mineralization Insights - The geology of the Mineral Mountain area includes Precambrian aged Ruin granite and Tertiary age porphyritic granodiorite, with various styles of copper mineralization identified [9][10]. - Observations from a reconnaissance mapping program revealed quartz-copper-hematite veins and other mineralization types, suggesting potential for further exploration [8][10]. Company Overview - Copper Fox is a Canadian resource company focused on copper exploration and development, with multiple projects in Arizona and a joint venture in British Columbia [13].