Twenty-First Century Fox, Inc. (FOXA) Tops Q4 EPS by 5c, Sales Beat
Twenty-First Century Fox, Inc. (NASDAQ: FOXA) reported Q4 EPS of $0.43, $0.05 better than the analyst estimate of $0.38. Revenue for the quarter came in at $8.42 billion versus the consensus estimate of $7.99 billion.
“In the fiscal fourth quarter we built on our operational momentum with double-digit earnings and revenue gains. The Company’s strong financial performance was driven by sustained affiliate revenue increases at our cable networks and record fourth quarter contributions at our filmed entertainment segment on the strength of global box office successes X-Men: Days of Future Past, Rio 2 and The Fault In Our Stars. As we close the fiscal year, I continue to have confidence in our ability to execute our growth plan and drive value for our shareholders. Our new $6 billion share buyback program, to be executed over the next twelve months, further underscores our disciplined approach to increasing shareholder value.”
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