Fox (FOXA) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Fox reported a revenue of $4.37 billion for the quarter ended March 2025, marking a 26.8% increase year-over-year and exceeding the Zacks Consensus Estimate by 5.30% [1] - The earnings per share (EPS) for the quarter was$ 1.10, slightly up from $1.09 in the same quarter last year, and surpassed the consensus EPS estimate by 18.28% [1] Financial Performance - Revenue breakdown shows Cable Network Programming at$ 1.64 billion, exceeding the estimated $1.53 billion, with an 11.1% year-over-year increase [4] - Television segment revenue reached$ 2.70 billion, surpassing the $2.57 billion estimate, reflecting a significant 39.5% increase year-over-year [4] - Other, Corporate and Eliminations segment reported$ 31 million, exceeding the estimate of $17.25 million, but showing a decline of 16.2% year-over-year [4] Revenue Components - Cable Network Programming's affiliate fee revenue was$ 1.14 billion, slightly above the $1.10 billion estimate, with a 2.8% year-over-year increase [4] - Advertising revenue in Cable Network Programming was$ 372 million, exceeding the $310.49 million estimate, representing a 25.7% increase year-over-year [4] - Television advertising revenue surged to$ 1.66 billion, surpassing the $1.55 billion estimate, with a remarkable 77.2% year-over-year growth [4] Stock Performance - Fox shares have returned +2.8% over the past month, compared to a +3.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]