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 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 billion as compared to the $4.08 billion reported in the prior year quarter. Affiliate fee revenu ...

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 ...

NEW YORK and LOS ANGELES, April 11, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) will discuss third quarter fiscal 2024 financial results via a live audio webcast beginning at 8:30 a.m. ET / 5:30 a.m. PT on May 8, 2024. Results will be released at approximately 8:00 a.m. ET / 5:00 a.m. PT on May 8, 2024. A live audio webcast of the presentation, and the archived webcast, will be available at investor.foxcorporation.com. About Fox CorporationFox Corporation produces and distributes compelling new ...

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 ...

Fox (FOXA) Nation recently announced that it has expanded its distribution to EchoStar’s (SATS) DISH Network and SLING TV.Starting in mid-March, DISH Network’s customers will be able to subscribe to FOX Nation for $5.99 per month. Customers can purchase the subscription through the MyDISH app, online at mydish.com/foxnation, or by calling 1-800-333-DISH (3474). Once subscribed, customers can watch FOX Nation on channel 296 through the On Demand menu or the DISH Anywhere app.SLING TV users will also be able ...

NEW YORK and LOS ANGELES, March 4, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Chief Operating Officer John Nallen will participate in Deutsche Bank's 32nd Annual Media, Internet & Telecom Conference on Monday, March 11, at approximately, 9:40am (Eastern) / 6:40am (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 ...

The Zacks Broadcast Radio and Television industry has been suffering from increased cord-cutting despite a spurt in demand for streaming content. However, industry participants like Netflix (NFLX) , Warner Bros. Discovery (WBD) , Fox (FOXA) and Roku (ROKU) are benefiting from a massive spike in digital content consumption. Diversified content offerings, which are original, regional, short and suitable for small screens (smartphones and tablets); improved Internet speed and penetration and technological adva ...