Unveiling Fox (FOXA) Q2 Outlook: Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts forecast that Fox (FOXA) will report quarterly earnings of $0.47 per share, indicating a year-over-year decline of 51% and revenues of $5.06 billion, a decrease of 0.4% compared to the previous year [1] Revenue Estimates - Analysts predict 'Revenues by Component- Advertising' to reach $2.30 billion, reflecting a year-over-year change of -5.1% [3] - 'Revenues by Component- Distribution' is expected to be $1.95 billion, indicating a year-over-year increase of +2.5% [4] - 'Segment Revenues- Television' is projected at $2.87 billion, showing a decline of -3.1% year over year [4] - 'Segment Revenues- Cable Network Programming' is estimated to reach $2.18 billion, with a year-over-year change of +0.8% [4] - 'Revenues by Component- Other' is expected to be $816.35 million, indicating a year-over-year increase of +8% [5] - 'Revenues- Television- Advertising' is forecasted at $1.88 billion, reflecting a decrease of -4.3% from the previous year [6] - 'Revenues- Cable Network Programming- Distribution' is projected to reach $1.13 billion, suggesting a year-over-year increase of +4.8% [7] EBITDA Estimates - Analysts suggest that 'Segment EBITDA- Cable Network Programming' will likely reach $555.18 million, down from $657.00 million reported in the same quarter last year [8] Stock Performance - Fox shares have decreased by -4.4% over the past month, contrasting with the Zacks S&P 500 composite's increase of +1.8% [8] - Fox has a Zacks Rank 2 (Buy), indicating expectations to outperform the overall market in the near term [8]