Fox Corporation (FOXA) Tops Q2 EPS by 22c, Revenues Beat

Fox Corporation (NASDAQ: FOXA) reported Q2 EPS of $0.16, $0.22 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $4.09 billion versus the consensus estimate of $3.99 billion.

Commenting on the results, Executive Chairman and Chief Executive Officer Lachlan Murdoch said:

"Once again, the Company delivered exceptional operating and financial results. FOX Television Stations, FOX News Media and Tubi all experienced record highs in the December quarter, led by an unprecedented political advertising cycle at our local television stations, strong digital growth at FOX News Media and an influx of new advertisers at Tubi. We are looking forward to a return to normal entertainment and sports production schedules, and we are grateful to our colleagues and business partners who, during the pandemic, have ensured that our viewers are informed and engaged. Through it all, the fundamentals of our business and our strategic focus have never been stronger."

For earnings history and earnings-related data on Fox Corporation (FOXA) click here.

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