Fox Corporation Earnings: What to expect

FOX Corporation (FOX) is a leading New York-based media company recognized to produce and distribute attractive news, sports and entertainment content, which is a market cap of $ 22.9 billion. Its portfolio includes Fox News, Fox Sports, Fox Network and Fox TV stations such as television stations. The company is a company to express its financial Q4 earnings on Tuesday. August 5th.

Before this event, analysts expect this communication services company from $ 0.90 to $ 0.90 per share in the quarter of the year. The company exceeded the evaluation of Wall Street’s earnings in each of the last four quarters.

Analysts for FISCAL 2025 Fox-I FISFAL 2024 expects to report from 32.1% to 32.1% to 32.1%.

The fox followed by 49.3% of the last 52 weeks, the S & P 500 index ($ SPX) 10.5% of the SPDR Foundation (XLC), the SPDR Foundation (XLC).

After the release of Q3’s earnings on May 12, Fox shares increased by 4.3%. In total income, 26.8% compared to $ 4.4 billion compared to $ 4.4 billion, branch fees, advertising and other income streams exceeded Wall Street expectations. The corrected gains increased slightly to $ 1.09, and 14.6% exceeds consensus assessments. Despite the upper line power, the adjusted EBITDA, superior sports programming rights, super packaging costs and high-digit content and marketing costs, up to 3.9% of up to $ 3.9%, renunciated by up to $ 856 million.

Wall Street analysts are moderately optimistic about the fox stock, “Buy Medium” rating. Among the 13 analytics covering the shares, six “strong purchases” and seven “hold” seven. The average price target for the fox is $ 56.25, shows the opposite of 10.1% of the potential from the existing level.

On the day, the critical wreck did not have any positions (either direct or indirect) of the securities marked in this article. All information and information in this article are for informational purposes only. This article was originally published Barchart.com