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Wedbush analyst James Dix reiterated an Outperform rating while trimming his price target on 21st Century Fox (NASDAQ: FOXA) to $33.00 (from $34.00) following results.
Dix commented, "... color on FY2017 operating investments and signal of potential tilt in priorities to M&A over capital... More
21st Century Fox (NASDAQ: FOXA) reported Q4 EPS of $0.45, $0.08 better than the analyst estimate of $0.37. Revenue for the quarter came in at $6.65 billion versus the consensus estimate of $6.68 billion.
Quarterly total segment OIBDA of $1.45 billion declined by $93 million from the $1.54 billion reported in the prior year quarter. This decrease was due... More

