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Fox (FOXA) Q4 Earnings Beat Estimates, Revenues Increase Y/Y
ZACKS· 2024-08-06 15:25
Fox Corporation (FOXA) reported fourth-quarter fiscal 2024 adjusted earnings per share of 90 cents, which beat the Zacks Consensus Estimate by 8.43%. The figure increased 2.3% year over year.Revenues increased 2% year over year to $3.09 billion. The figure missed the consensus mark by 0.29%.Affiliate fees (60.1% of total revenues) rose 5% to $1.86 billion, driven primarily by 9% growth in the Television segment.Advertising revenues (32.6% of total revenues) decreased 0.1% year over year to $1 billion, prima ...
Fox (FOXA) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-06 14:36
Fox (FOXA) reported $3.09 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2%. EPS of $0.90 for the same period compares to $0.88 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.1 billion, representing a surprise of -0.29%. The company delivered an EPS surprise of +8.43%, with the consensus EPS estimate being $0.83.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...
Fox (FOXA) Tops Q4 Earnings Estimates
ZACKS· 2024-08-06 13:45
Fox (FOXA) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.43%. A quarter ago, it was expected that this TV broadcasting company would post earnings of $0.98 per share when it actually produced earnings of $1.09, delivering a surprise of 11.22%.Over the last four quarters, the compa ...
Lachlan Murdoch Sees Momentum Building At Fox News & Stations As Political Cycle Heats Up
Deadline· 2024-08-06 12:37
Fox CEO Lachlan Murdoch noted reinvigorated ratings and share growth at Fox News last quarter and said the company is looking at major momentum at the cable news network and at Fox TV stations heading into a heated election cycle. Fox this morning posted a mixed fiscal fourth quarter with total sales of $3.09 billion for the three months ended in June, up 2% from the year before and about in line with Wall Street estimates. Ad revenue was flat as Fox said gains at Fox Sports and Tubi were offset by a dip ...
Fox(FOXA) - 2024 Q4 - Annual Results
2024-08-06 11:35
Exhibit 99.1 EARNINGS RELEASE FOR THE QUARTER AND FISCAL YEAR ENDED JUNE 30, 2024 FOX REPORTS FOURTH QUARTER FISCAL 2024 REVENUES OF $3.09 BILLION NET INCOME OF $320 MILLION, AND ADJUSTED EBITDA OF $773 MILLION FOX REPORTS FULL YEAR FISCAL 2024 REVENUES OF $13.98 BILLION NET INCOME OF $1.55 BILLION, AND ADJUSTED EBITDA OF $2.88 BILLION NEW YORK, NY, August 6, 2024 – Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three and twelve months ended June 30, 202 ...
FOX REPORTS FOURTH QUARTER FISCAL 2024 REVENUES OF $3.09 BILLION, NET INCOME OF $320 MILLION, AND ADJUSTED EBITDA OF $773 MILLION
Prnewswire· 2024-08-06 11:30
FOX REPORTS FULL YEAR FISCAL 2024 REVENUES OF $13.98 BILLION, NET INCOME OF $1.55 BILLION, AND ADJUSTED EBITDA OF $2.88 BILLION NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three and twelve months ended June 30, 2024. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: "Fiscal 2024 was another successful year for FOX with very clear achievements across our portfolio, includ ...
Fox (FOXA) to Report Q4 Earnings: What's in the Offing?
ZACKS· 2024-08-02 15:01
Fox (FOXA) is set to report fourth-quarter fiscal 2024 results on Aug 6.For the quarter, the Zacks Consensus Estimate for earnings is pegged at 83 cents per share, down 2 cents in the past 30 days. The figure indicates a 5.68% decline from the year-ago reported figure.The consensus mark for revenues is pegged at $3.1 billion, implying 2.28% growth 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 b ...
Is Fox (FOX) Stock Undervalued Right Now?
ZACKS· 2024-08-01 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...
Unveiling Fox (FOXA) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-08-01 14:20
The upcoming report from Fox (FOXA) is expected to reveal quarterly earnings of $0.83 per share, indicating a decline of 5.7% compared to the year-ago period. Analysts forecast revenues of $3.1 billion, representing an increase of 2.3% year over year.The consensus EPS estimate for the quarter has undergone an upward revision of 8.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead ...
Copper Fox Announces Closing of Private Placement
Newsfile· 2024-07-31 21:42
Calgary, Alberta--(Newsfile Corp. - July 31, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ("Copper Fox" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement for a total of 5,116,000 units (each a "Unit") at a price of $0.22 per Unit for aggregate gross proceeds of $1,125,520 (the "Offering"). Each Unit consisted of one common share in the capital of the Company (a "Common Share") and one-half (1/2) common share purchase warrant (a ...