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Fox(FOXA) - 2025 Q1 - Quarterly Results
2024-11-04 13:03
Exhibit 99.1 EARNINGS RELEASE FOR THE QUARTER ENDED SEPTEMBER 30, 2024 FOX REPORTS FIRST QUARTER FISCAL 2025 REVENUES OF $3.56 BILLION, NET INCOME OF $832 MILLION, AND ADJUSTED EBITDA OF $1.05 BILLION NEW YORK, NY, November 4, 2024 – Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three months ended September 30, 2024. The Company reported total quarterly revenues of $3.56 billion, an increase of $357 million or 11% from the amount reported in the prior y ...
3 Stocks to Buy Even in the Middle of Election Chaos
Investor Place· 2024-10-27 16:00
Tom Yeung here with this week’s Sunday Digest. In 1934, news magnate Charles E. Marsh was already a wealthy man. The 47-year-old media mogul had spent his career buying up small newspapers, and his keen eye for mergers and acquisitions (particularly in Texas) had made him a millionaire. But when it came to Texas’s booming oil market, he knew rather little. So, rather than chance it on his own, Marsh put his money behind Sid Richardson, a previously successful oil wildcatter who had fallen on hard times duri ...
Kincora Copper Announces Mongolian Earn-In Finalised with Drilling to Commence
Newsfile· 2024-09-30 09:30
Kincora Copper Announces Mongolian Earn-In Finalised with Drilling to CommenceSeptember 30, 2024 5:30 AM EDT | Source: Kincora Copper LimitedFinal documents executed and shareholder approvals gained for an earn-in and joint venture agreement for Kincora's Mongolian assets with Woomera Mining Limited (ASX: WML) (Woomera) Woomera to now commence an aggressive initial drilling program at the Bronze Fox copper-gold project including testing the potential for a shallower higher-grade structural zon ...
Copper Fox Announces 2024 Third Quarter Operating and Financial Results
Newsfile· 2024-09-25 10:00
Calgary, Alberta--(Newsfile Corp. - September 25, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ("Copper Fox" or the "Company") is pleased to announce that its unaudited interim consolidated July 31, 2024, financial statements have been filed on SEDAR+. For the nine months ended July 31, 2024, Copper Fox had a net loss of $826,730 (July 31, 2023 - $882,395) which equated to $0.00 loss per share (July 31, 2023 - $0.00 loss per share). As of the date of the MD&A, September 24, 2024, the Company's ...
Fox entertainment weakness set to be offset by ramping political ad spend, Tubi growth
Proactiveinvestors NA· 2024-09-24 16:03
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Fox Factory Debuts First Team in Rebelle Rally 2024
GlobeNewswire News Room· 2024-09-19 12:00
Group 1 - Fox Factory Holding Corp. is participating in the Rebelle Rally, the longest competitive off-road navigation rally in the U.S. and the first women's endurance off-road rally in America [1][2] - The team consists of professional driver Kristen Matlock and test engineer Ashleigh Ballas, competing in the 4x4 class with a specially designed Ford Bronco [1][2] - The 2023 King of the Hammers edition Ford Bronco features a custom suspension package developed by Fox Factory, showcasing the company's engineering capabilities [1][2] Group 2 - Fox Factory is returning as an official partner of the Rebelle Rally through its social impact initiative, Trail Trust, which promotes sustainable outdoor adventures [2] - The 2024 Rebelle Rally will take place from October 10 to 19, covering over 1,500 miles across California and Nevada, with teams relying solely on map and compass for navigation [2] - The event emphasizes teamwork, resilience, and navigational skills, as participants will be off the grid for eight days [2] Group 3 - Fox Factory Holding Corp. is a leader in designing and manufacturing premium products for specialty sports and vehicles, with a portfolio that includes brands like FOX and Marucci [3] - The company supplies shocks, suspension, and components to major vehicle and bicycle manufacturers and aims to diversify its offerings through acquisitions [3] - Fox Factory also provides aftermarket products through a global network of retailers and direct-to-consumer channels [3]
Fox: Murdoch's Move On Fan Duel Option Is A Game Changer For Both Stocks
Seeking Alpha· 2024-09-18 15:06
For in-depth and deep dive research on the casino and gmaing sector, subscribe to The House Edge . New: Free excerpts from our book in progress "The Smartest ever Guide to Gaming Stocks" - free to existing members and new subscribers.Fox (NASDAQ: FOXA ) is much under the radar when its overall its IP is strong, its linear business sagging but still profitable, and its Tubi streamer surging - allHoward Jay Klein has 30 years of experience as an executive and consultant in major casino operations. His backgro ...
McEwen Mining: Grey Fox Exploration Update
GlobeNewswire News Room· 2024-09-11 11:00
Assay Highlights: 24GF-1471: 4.9 g/t Au over 6.4 m (0.16 oz/t Au over 23.0 ft) 24GF-1474: 13.8 g/t Au over 2.4 m (0.44 oz/t Au over 9.8 ft) 24GF-1452: 9.8 g/t Au over 2.8 m (0.31 oz/t Au over 11.2 ft) See Figure 5. All assay value intervals are true widths unless otherwise noted; TW=True Width, CW=Core Width TORONTO, Sept. 11, 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 re ...
Why Is Fox (FOXA) Up 5% Since Last Earnings Report?
ZACKS· 2024-09-05 16:36
Core Viewpoint - Fox Corporation reported a mixed performance in its fourth-quarter fiscal 2024 earnings, with adjusted earnings per share beating estimates but revenues slightly missing consensus expectations [2][3]. Financial Performance - Adjusted earnings per share for Q4 fiscal 2024 were 90 cents, exceeding the Zacks Consensus Estimate by 8.43% and reflecting a year-over-year increase of 2.3% [2]. - Total revenues for the quarter were $3.09 billion, a 2% increase year-over-year, but fell short of the consensus mark by 0.29% [2]. - Affiliate fees, which constitute 60.1% of total revenues, rose 5% to $1.86 billion, primarily driven by a 9% growth in the Television segment [2]. - Advertising revenues, accounting for 32.6% of total revenues, decreased by 0.1% year-over-year to $1 billion, largely due to the absence of major events like the Super Bowl and FIFA Men's World Cup [2]. - Other revenues, making up 7.3% of total revenues, declined 10.7% year-over-year to $226 million [2]. Segment Performance - Cable Network Programming revenues increased by 2% year-over-year to $1.44 billion, with advertising revenues and affiliate fees rising by 2.5% and 2%, respectively [3]. - Television revenues grew by 1.8% year-over-year to $1.6 billion, with affiliate fees increasing by 9% year-over-year, while advertising revenues declined by 1.3% [3]. Operating Metrics - Operating expenses rose by 0.3% year-over-year to $1.78 billion, with operating expenses as a percentage of revenues contracting by 90 basis points to 57.7% [4]. - Total adjusted EBITDA increased by 5.2% year-over-year to $773 million, with an adjusted EBITDA margin expanding by 80 basis points to 25% [4]. - Cable Network Programming EBITDA rose by 20.2% year-over-year to $703 million, while Television reported an adjusted EBITDA of $148 million, down 34.8% year-over-year [4]. Balance Sheet - As of June 30, 2024, Fox had $4.32 billion in cash and cash equivalents, up from $3.79 billion as of March 31, 2024 [5]. - Long-term debt stood at $7.2 billion as of June 30, 2024 [5]. Market Outlook - Estimates for Fox have trended downward, with a consensus estimate shift of -12.6% over the past month [7]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [9]. - Fox's overall VGM Score is C, with a subpar Growth Score of D and a Momentum Score of F, but a value grade of B, placing it in the top 40% for this investment strategy [8]. Industry Comparison - Fox is part of the Zacks Broadcast Radio and Television industry, where Roku has gained 20.3% over the past month, reporting revenues of $968.18 million for the quarter ended June 2024, reflecting a year-over-year change of +14.3% [10].
Fox Corporation Executive Chair and Chief Executive Officer Lachlan Murdoch to Participate in Upcoming Goldman Sachs Communacopia & Technology Conference
Prnewswire· 2024-09-03 16:00
NEW YORK and LOS ANGELES, Sept. 3, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Executive Chair and Chief Executive Officer Lachlan Murdoch will participate in the Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10, at approximately 10:50am (Pacific), 1:50pm (Eastern).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, a ...