FOX (NASDAQ:FOXA) Issues Quarterly Earnings Results, Beats Estimates By $0.55 EPS

FOX (NASDAQ:FOXA) posted its quarterly earnings data on Monday. The company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.55, Briefing.com reports. The company had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.32 billion. FOX had a net margin of 9.84% and a return on equity of 20.64%. The firm’s revenue for the quarter was up 22.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.51 EPS.

FOX Price Performance

NASDAQ FOXA opened at $62.76 on Tuesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.99 and a current ratio of 3.17. The firm’s 50 day moving average price is $64.97 and its 200-day moving average price is $62.26. FOX has a 52-week low of $48.34 and a 52-week high of $76.39. The company has a market cap of $26.34 billion, a PE ratio of 11.65, a P/E/G ratio of 1.10 and a beta of 0.60.

FOX Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 2nd were given a $0.29 dividend. This represents a dividend yield of 86.0%. The ex-dividend date of this dividend was Wednesday, September 2nd. FOX’s dividend payout ratio is presently 15.14%.

Insider Transactions at FOX

In other FOX news, CEO Lachlan Murdoch acquired 149,934 shares of FOX stock in a transaction that occurred on Tuesday, September 15th. The stock was bought at an average price of $68.53 per share, with a total value of $10,274,977.02. Following the completion of the purchase, the chief executive officer directly owned 1,401,713 shares of the company’s stock, valued at approximately $96,059,391.89. This represents a 11.98% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.89% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

FOXA has been the topic of a number of analyst reports. Wall Street Zen raised FOX from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Jefferies Financial Group downgraded FOX to a “hold” rating in a report on Friday, October 16th. Seaport Research Partners lowered FOX from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. Weiss Ratings upgraded FOX from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, October 26th. Finally, Citigroup assumed coverage on FOX in a research report on Monday, September 14th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $76.94.

Trending Headlines about FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Results significantly exceeded expectations. Fiscal Q1 2027 revenue rose 22.3% year over year to $4.57 billion, above the $4.32 billion consensus estimate. Adjusted earnings of $2.54 per share topped estimates of $1.99 and increased from $1.51 a year earlier. Net income was $957 million and adjusted EBITDA reached $1.64 billion. Fox fiscal first-quarter results
• Positive Sentiment: Advertising was the primary growth engine. Advertising revenue reportedly surged 47.4%, supported by World Cup broadcasts, more than $350 million in political advertising and continued momentum at streaming service Tubi. The results suggest Fox is capturing substantial event-driven demand. Election ads and World Cup fuel Fox earnings beat
• Neutral Sentiment: Investors are assessing the durability of the growth. The World Cup and election advertising provide powerful near-term support, and commentary suggests additional benefits may continue. However, these events are cyclical and may create difficult comparisons after the current advertising boost. Fox first-quarter results beat Wall Street
• Negative Sentiment: Valuation and audience concerns are weighing on sentiment. After a reported 109% rise, some commentary describes FOXA as fully priced, limiting room for further upside after the earnings beat. CEO Lachlan Murdoch also cited “viewer fatigue” around the midterm cycle and year-over-year Fox News viewership declines, posing a risk to the company’s core cable-news business. Fox stock looks fully priced

About FOX

Fox Corporation (NASDAQ: FOXA) is a U.S. media and entertainment company that produces and distributes news, sports, and entertainment programming. Its portfolio includes FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations, and the ad-supported streaming service Tubi.

FOX News Media operates FOX News Channel, FOX Business Network, and related digital platforms. FOX Sports provides national and regional sports programming, while FOX Entertainment develops and distributes scripted and unscripted television content.