Brokerages forecast that Twenty-First Century Fox Inc (NASDAQ:FOXA) will report earnings per share of $0.33 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Twenty-First Century Fox’s earnings, with the lowest EPS estimate coming in at $0.26 and the highest estimate coming in at $0.39. Twenty-First Century Fox reported earnings of $0.42 per share during the same quarter last year, which would suggest a negative year over year growth rate of 21.4%. The business is scheduled to report its next earnings results on Wednesday, February 6th.

According to Zacks, analysts expect that Twenty-First Century Fox will report full year earnings of $1.99 per share for the current year, with EPS estimates ranging from $1.78 to $2.45. For the next fiscal year, analysts anticipate that the firm will post earnings of $2.29 per share, with EPS estimates ranging from $2.14 to $2.47. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for Twenty-First Century Fox.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 7th. The company reported $0.52 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.52. The business had revenue of $7.18 billion during the quarter, compared to the consensus estimate of $7.23 billion. Twenty-First Century Fox had a net margin of 16.01% and a return on equity of 18.01%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 earnings per share.

A number of research analysts recently weighed in on FOXA shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $50.00 target price on shares of Twenty-First Century Fox in a research report on Friday, August 10th. ValuEngine cut shares of Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 28th. Gabelli reiterated a “buy” rating on shares of Twenty-First Century Fox in a research note on Tuesday, November 27th. Zacks Investment Research upgraded shares of Twenty-First Century Fox from a “sell” rating to a “hold” rating in a research note on Wednesday, November 28th. Finally, Pivotal Research reiterated a “hold” rating and issued a $45.00 price target on shares of Twenty-First Century Fox in a research note on Thursday, November 8th. Nine research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $47.20.

Twenty-First Century Fox stock opened at $49.26 on Wednesday. The firm has a market capitalization of $91.70 billion, a P/E ratio of 25.01, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25. Twenty-First Century Fox has a 1-year low of $32.35 and a 1-year high of $50.15. The company has a quick ratio of 1.96, a current ratio of 2.45 and a debt-to-equity ratio of 0.84.

A number of hedge funds have recently made changes to their positions in FOXA. Vanguard Group Inc. lifted its stake in Twenty-First Century Fox by 47.2% in the third quarter. Vanguard Group Inc. now owns 106,152,247 shares of the company’s stock valued at $4,901,046,000 after acquiring an additional 34,038,507 shares during the last quarter. Pentwater Capital Management LP lifted its stake in shares of Twenty-First Century Fox by 179.5% during the 3rd quarter. Pentwater Capital Management LP now owns 6,890,169 shares of the company’s stock worth $319,222,000 after buying an additional 15,558,905 shares during the last quarter. FMR LLC lifted its stake in shares of Twenty-First Century Fox by 96.2% during the 3rd quarter. FMR LLC now owns 28,789,989 shares of the company’s stock worth $1,333,840,000 after buying an additional 14,117,855 shares during the last quarter. Egerton Capital UK LLP lifted its stake in shares of Twenty-First Century Fox by 93.4% during the 2nd quarter. Egerton Capital UK LLP now owns 26,833,499 shares of the company’s stock worth $1,333,357,000 after buying an additional 12,957,606 shares during the last quarter. Finally, Baupost Group LLC MA lifted its stake in shares of Twenty-First Century Fox by 31.9% during the 3rd quarter. Baupost Group LLC MA now owns 52,001,167 shares of the company’s stock worth $2,409,214,000 after buying an additional 12,585,338 shares during the last quarter. Hedge funds and other institutional investors own 52.93% of the company’s stock.

Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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