UPDATE: 21st Century Fox (FOXA) Tops Q1 EPS by 3c
21st Century Fox (NASDAQ: FOXA) reported Q1 EPS of $0.39, $0.03 better than the analyst estimate of $0.36. Revenue for the quarter came in at $7.89 billion versus the consensus estimate of $6.26 billion.
Commenting on the results, Chairman and Chief Executive Officer Rupert Murdoch said:
“Our strong earnings and revenue growth in the quarter were driven by continued momentum at our Cable Network Programming and Filmed Entertainment segments, reflecting sustained increases in affiliate fees as well as the global box office success of Dawn of the Planet of the Apes and The Fault in Our Stars. Additionally, we continued our focus on driving long-term value through our planned investments in a number of our growing brands, most notably our new channels FXX, Fox Sports 1 and STAR Sports.”
For earnings history and earnings-related data on 21st Century Fox (FOXA) click here.