21st Century Fox (FOXA) Tops Q2 EPS by 4c

21st Century Fox (NASDAQ: FOXA) reported Q2 EPS of $0.42, $0.04 better than the analyst estimate of $0.38. Revenue for the quarter came in at $8.04 million versus the consensus estimate of $7.94 billion.

Commenting on the results, Executive Chairmen Rupert and Lachlan Murdoch said:

“We delivered another quarter of solid top-line revenue growth including the further acceleration of gains in global affiliate revenues and despite challenging revenue comparisons for our TV segment. Our results also reflect increased investment behind higher volumes of global sporting events as well as film releases from our studio, which led the industry in Golden Globe awards and Oscar nominations. Looking ahead, we are focused on continuing to deliver value to our shareholders through achieving our near-term growth plans, completing our proposed acquisition of the balance of Sky, obtaining the required approvals for the successful completion of our transaction with Disney and planning for the exciting launch of the new ‘Fox’.”

For earnings history and earnings-related data on 21st Century Fox (FOXA) click here.

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