Fox Corporation (FOXA) reported third-quarter fiscal 2024 adjusted earnings per share of $1.09, which beat the Zacks Consensus Estimate by 11.22%. The figure increased 16% year over year.Revenues declined 15.6% year over year to $3.44 billion. The figure beat the consensus mark by 0.22%.Affiliate fees (56.2% of total revenues) rose 4.4% to $1.93 billion, driven primarily by 9.2% growth in the Television segment.Advertising revenues (35.8% of total revenues) plunged 34.1% year over year to $1.24 billion, pri ...

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) Commission File Number 001-38776 FOX CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

Fox (FOXA) reported $3.45 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 15.6%. EPS of $1.09 for the same period compares to $0.94 a year ago.The reported revenue represents a surprise of +0.22% over the Zacks Consensus Estimate of $3.44 billion. With the consensus EPS estimate being $0.98, the EPS surprise was +11.22%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...

Exhibit 99.1 Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: EARNINGS RELEASE FOR THE QUARTER ENDED MARCH 31, 2024 FOX REPORTS THIRD QUARTER FISCAL 2024 REVENUES OF $3.45 BILLION, NET INCOME OF $704 MILLION, AND ADJUSTED EBITDA OF $891 MILLION NEW YORK, NY, May 8, 2024 – Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three months ended March 31, 2024. The Company reported total quarterly revenues of $3.45 bill ...

Fox (FOXA) is set to report third-quarter fiscal 2024 results on May 8.For the quarter, the Zacks Consensus Estimate for earnings is pegged at $1.16 per share, up 0.9% in the past 30 days. The figure indicates 23.4% growth from the year-ago reported figure.The consensus mark for revenues is pegged at $3.44 billion, implying a 15.78% decline from the year-ago quarter’s reported figure.The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 71 ...

Fox (FOXA) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 8. On the other ...

Group 1 - Fox Corporation will discuss its third quarter fiscal 2024 financial results via a live audio webcast on May 8, 2024, 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 content offerings and consumer relationships [2]

Investors interested in Broadcast Radio and Television stocks are likely familiar with Fox (FOXA) and Netflix (NFLX) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revi ...

NEW YORK and LOS ANGELES, April 3, 2024 /PRNewswire/ --  FOX Corporation ("FOX" or the "Company") (Nasdaq: FOXA, FOX) today announced the launch of its expanded audience network and ad tech platform, AdRise.Acquired as part of the Tubi deal in 2020, AdRise is an advanced, integrated technology platform for CTV and linear inventory that has evolved into an enterprise-wide platform for FOX. AdRise will now power OneFOX, FOX's cross portfolio inventory product which includes FOX Sports, FOX Entertainment, FOX ...

Group 1: Company Developments - Fox Nation has expanded its distribution to EchoStar's DISH Network and SLING TV, allowing customers to subscribe for $5.99 per month starting in mid-March [1] - DISH Network customers can access FOX Nation through the MyDISH app, online, or by phone, and can watch on channel 296 or via the DISH Anywhere app [1] - SLING TV users, including both regular and Sling Freestream users, will also have access to FOX Nation for the same subscription price [1] Group 2: Content Offering - FOX Nation offers over 10,000 hours of content, including exclusive series like "Yellowstone: One-Fifty," "The History of the World in Six Glasses," and "Liberty or Death: The Boston Tea Party" [2] - Popular shows such as "COPS" and "Crime Cam 24/7" will be available, along with documentaries like "The Fall of the House of Murdaugh" and "Jussie Smollett: Anatomy of a Hoax" [2] Group 3: Financial Outlook - The Zacks Consensus Estimate for FOXA's fiscal 2024 revenues is $14.04 billion, reflecting a year-over-year decline of 5.85% [2] - The earnings estimate is pegged at $3.23 per share, indicating a year-over-year decline of 7.98% [2] Group 4: Industry Trends - An Ernst & Young report highlights consumer dissatisfaction with paying for unwanted TV channels, leading to a rise in streaming service popularity [3] - Media companies are balancing traditional TV and streaming platforms to monetize subscriptions and ads effectively [3] - The demand for streaming content is increasing, resulting in more cable subscription cancellations [3] Group 5: Competitive Landscape - Companies like Paramount Global and Comcast are performing well due to the growing viewership of digital content [3] - Comcast's Peacock offers a variety of NBC shows, movies, and original programs, while Paramount's Pluto TV features live channels and on-demand content [4] - FOXA has renewed its partnership with Sinclair Broadcast Group, covering all Fox-affiliated channels in 41 markets, reaching approximately 19 million households [4]