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Management's revised outlook paints a much more realistic picture for the second half and derisks the investment case. Changes in management and contraction of the manufacturing footprint are concrete examples of the tough decisions required to improve margin performance. The Marucci acquisition (fairly criticized by me and others at the time) seems to be performing above expectations, even in the current environment, and that should be recognized.
Shares of FuboTV (FUBO) surged further Monday after a judge ruled in favor of the company in its antitrust challenge to a planned joint sports streaming service by The Walt Disney Co. (DIS), Fox Corp. (FOX.A), and Warner Bros. Discovery (WBD) called Venu Sports.
Radio and television broadcast companies like NFLX, FOXA, ROKU and TGNA benefit from higher content consumption and steady digital viewing despite intense competition for ad revenues.
Fox Corporation (NASDAQ:FOX ) Q4 2024 Results Conference Call August 6, 2024 8:00 AM ET Company Participants Gabrielle Brown - Executive VP & Chief Investor Relations Officer Lachlan Murdoch - Executive Chair & Chief Executive Officer Steven Tomsic - Chief Financial Officer Conference Call Participants Ben Swinburne - Morgan Stanley John Hodulik - UBS Robert Fishman - MoffettNathanson Jessica Reif Ehrlich Cohen - Bank of America Michael Ng - Goldman Sachs. Operator Ladies and gentlemen, thank you for standing by.
Iowa Attorney General Brenna Bird discusses the next stage in the proceeding to 'make sure there's competition' on 'The Bottom Line.' https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
Fox Corporation (FOXA) shares jumped more than 5% in early trading Tuesday after the media company posted a better-than-expected profit on higher affiliate fees and continued growth of its Tubi free TV and movie streaming service.
Fox's (FOXA) fiscal Q4 results reflect top-line growth, primarily due to a rise in affiliate fees driven by the Television and Cable Network Programming segments.
Although the revenue and EPS for Fox (FOXA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fox Corp topped Wall Street expectations for quarterly profit and reported a rise in revenue on Tuesday, helped by steady demand for its Tubi streaming service in the United States, sending its shares up nearly 5% in early trading.
Fox (FOXA) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.88 per share a year ago.