Group 1 - The core revenue of the company for the six months ending June 30, 2025, remained stable at HKD 1.498 billion, representing a year-on-year decrease of 1% [1] - The company's loss attributable to shareholders was HKD 108 million, an improvement of HKD 35 million compared to a loss of HKD 143 million in the same period last year [1] - The loss per share was HKD 0.23, compared to HKD 0.33 in 2024 [1] Group 2 - The total revenue from the core television-related business (excluding e-commerce) increased by HKD 9 million or 1% to HKD 1.454 billion, driven by a 4% growth in advertising revenue and a 9% increase in digital media revenue [1] - The board of directors does not recommend the distribution of an interim dividend for this period, consistent with the previous year [1]

Core Viewpoint - Fox (FOXA) reported quarterly earnings of $1.10 per share, exceeding the Zacks Consensus Estimate of $0.93 per share, and showing a slight increase from $1.09 per share a year ago, indicating a positive earnings surprise of 18.28% [1][2] Financial Performance - The company achieved revenues of $4.37 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.30%, and reflecting a significant increase from $3.45 billion in the same quarter last year [2] - Over the last four quarters, Fox has consistently surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - Fox shares have increased approximately 3.4% since the beginning of the year, contrasting with the S&P 500's decline of -3.8% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for it to outperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.12 on revenues of $3.08 billion, and for the current fiscal year, it is $4.45 on revenues of $15.88 billion [7] - The trend of estimate revisions for Fox has been favorable leading up to the earnings release, which may influence future stock movements [5][6] Industry Context - The Broadcast Radio and Television industry, to which Fox belongs, is currently ranked in the top 30% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]