Why Fox (FOX) is Poised to Beat Earnings Estimates Again

Core Viewpoint - Fox Corporation (FOX) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1][2]. Earnings Performance - Fox has a solid track record of surpassing earnings estimates, with an average surprise of 18.94% over the last two quarters [2]. - In the most recent quarter, Fox reported earnings of $1.27 per share, exceeding the expected $1.03 per share by 23.30% [2]. - For the previous quarter, the company reported $1.1 per share against an expectation of $0.96 per share, resulting in a surprise of 14.58% [2]. Earnings Estimates and Predictions - Estimates for Fox have been trending upward, influenced by its history of earnings surprises [5]. - The stock has a positive Zacks Earnings ESP (Expected Surprise Prediction) of +11.87%, indicating recent bullish sentiment among analysts regarding its earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank 1 (Strong Buy) suggests a high likelihood of another earnings beat [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. Upcoming Earnings Report - Fox's next earnings report is anticipated to be released on October 30, 2025 [8].