Core Viewpoint - Analysts forecast a significant decline in Fox's quarterly earnings and revenues, indicating a challenging financial period ahead for the company [1]. Revenue Estimates - Total revenues are expected to be $4.18 billion, reflecting a year-over-year decline of 9.3% [1]. - Advertising revenues are projected to be $2.01 billion, down 19.9% year-over-year [2]. - Affiliate fee revenues are estimated at $1.80 billion, showing an increase of 5.3% from the previous year [2]. - Television segment revenues are anticipated to reach $2.53 billion, down 13.6% year-over-year [2]. - Cable Network Programming revenues are expected to be $1.61 billion, indicating a decrease of 1.6% from the prior year [3]. - Other revenues are projected at $40.48 million, up 3.8% year-over-year [3]. - Revenues from Television - Other are expected to be $150.43 million, down 23.3% year-over-year [3]. - Revenues from Television - Affiliate fee are estimated at $769.41 million, reflecting a 12.2% increase from the previous year [3]. - Revenues from Television - Advertising are forecasted to be $1.60 billion, down 22.2% year-over-year [4]. - Cable Network Programming - Advertising revenues are expected to be $386.82 million, down 14.2% from the prior year [4]. - Cable Network Programming - Affiliate fee revenues are projected at $1.05 billion, up 2.1% year-over-year [4]. - Cable Network Programming - Other revenues are estimated at $176.50 million, reflecting a 13.9% increase from the previous year [4]. Stock Performance - Fox shares have increased by 7.8% over the past month, outperforming the S&P 500 composite, which rose by 2.9% [5]. - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [5].
Insights Into Fox (FOXA) Q2: Wall Street Projections for Key Metrics