Needham Reiterates Hold Rating on 21st Century Fox (FOXA)

21st Century Fox (FOXA) PT Raised to $35 at Stifel Following 2Q

February 7, 2017 9:46 AM EST

Stifel raised its price target on 21st Century Fox (NASDAQ: FOXA) to $35.00 (from $32.00) while maintaining a Buy rating. Total number of domestic cable subscribers increased 1.5% as wider distribution continues to be in effect.

Analyst Benjamin Mogil commented, "Fox reported better than... More

21st Century Fox (FOXA) PT Raised to $36 at Wedbush

February 7, 2017 7:23 AM EST

Wedbush analyst James Dix maintains Outperform rating and increases price target on 21st Century Fox (NASDAQ: FOXA) to $36 (from $35), citing U.S. TV ad strength and fee growth as drivers in fiscal second quarter results, despite India bank note demonetization issue.

Dix comments,... More

Jefferies Reiterates Buy on 21st Century Fox (FOXA) Following 2Q Report

February 7, 2017 7:10 AM EST

Jefferies reiterated a Buy rating and $35.00 price target on 21st Century Fox (NASDAQ: FOXA) following the company's 2Q earnings report. FOXA generated ~$500M of Super Bowl related revenue. This should drive growth in F3Q, with ent. adv. likely down in the LSD... More

21st Century Fox (FOXA): Raising PT After A Solid Beat - BMO

February 7, 2017 6:10 AM EST

BMO Capital analyst, Daniel Salmon, reiterated his Outperform rating on shares of 21st Century Fox (NASDAQ: FOXA) and raised his price target to $36 after Baseball, Fox News ratings and Film drive a $0.04 EPS beat.

The analyst continues to see upside to FOXA shares driven... More

Twenty-First Century Fox (FOXA) PT Raised to $37 at Instinet Following Strong Results

February 7, 2017 6:08 AM EST

Nomura Instinet analyst Anthony DiClemente reiterates Buy rating and raises price target to $37 (from $35) on Twenty-First Century Fox (NASDAQ: FOXA) citing a strong Super Bowl performance and healthy affiliate rate growth.

DiClemente comments, Given the accelerating growth profile of the companys high-margin recurring... More

Twenty-First Century Fox (FOXA) PT Raised to $34 at FBR Following Solid Results

February 7, 2017 5:49 AM EST

FBR analyst Barton Crockett reiterates Market Perform rating and increases price target to $34 (from $33) on Twenty-First Century Fox (NASDAQ: FOXA), suggesting the gameplan is working, as the company is enjoying solid performance from its News and Sports cable networks.

Crockett comments, The company's... More

Twenty-First Century Fox profit tops estimates, revenue misses

February 6, 2017 4:12 PM EST

By Anya George Tharakan and Jessica Toonkel

(Reuters) - Twenty-First Century Fox Inc (NASDAQ: FOXA) reported a quarterly profit that beat analysts' expectations, as its television and cable units benefited from hosting the World Series and its cable news channel enjoyed strong ratings during the U.S. presidential campaign.

However, the Rupert Murdoch-controlled parent of Fox News and FX posted second-quarter revenue that fell short of expectations. Fox's shares were down slightly 0.32 percent in after-hours trading on Monday.

The second quarter results demonstrate the importance of live... More

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

February 6, 2017 4:03 PM EST

21st Century Fox (NASDAQ: FOXA) reported Q2 EPS of $0.53, $0.04 better than the analyst estimate of $0.49. Revenue for the quarter came in at $7.68 billion versus the consensus estimate of $7.72 billion.

Quarterly total segment OIBDA2 of $1.99 billion increased by $264 million, or 15%, from the $1.73 billion reported in the prior year quarter. This increase was due to higher... More