Fox Corporation (FOXA) Tops Q2 EPS by 22c, Revenues Beat
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Fox Reports Second Quarter Fiscal 2021 Net Income Of $230 Million, Earnings Per Share Of $0.37
February 9, 2021 8:00 AM ESTNEW YORK, Feb. 9, 2021 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") today reported financial results for the three months ended December 31, 2020.
The Company reported quarterly net income of $230 million, as compared to the $314 million reported in the prior year quarter. The change in net income was primarily due to higher gains recognized in Other, net in the prior year quarter. Net Income attributable to Fox Corporation stockholders was $224 million ($0.37 per share) as compared to $300 million ($0.48 per share) reported in the prior year quarter. Adjusted net income attributable to Fox Corporation stockholders1Â increased 45% to... More
