Fox (FOXA) Q4 Earnings Beat Estimates, Revenues Increase Y/Y
FOXAFox(FOXA) ZACKS·2024-08-06 23:25

Fox Corporation (FOXA) reported fourth-quarter fiscal 2024 adjusted earnings per share of 90 cents, which beat the Zacks Consensus Estimate by 8.43%. The figure increased 2.3% year over year.Revenues increased 2% year over year to $3.09 billion. The figure missed the consensus mark by 0.29%.Affiliate fees (60.1% of total revenues) rose 5% to $1.86 billion, driven primarily by 9% growth in the Television segment.Advertising revenues (32.6% of total revenues) decreased 0.1% year over year to $1 billion, prima ...