Fox Corporation (FOX) Tops Q3 EPS by 47c

Fox Corporation (NASDAQ: FOX) (NASDAQ: FOXA) reported Q3 EPS of $0.96, $0.47 better than the analyst estimate of $0.49. Revenue for the quarter came in at $3.22 billion versus the consensus estimate of $3.12 billion.

Commenting on the results, Executive Chairman and Chief Executive Officer Lachlan Murdoch said:

"The company continues to deliver operationally and financially with our year-to-date Revenues and EBITDA pacing well ahead of last year, despite the impact of COVID and the comparison against a Super Bowl year. Consistent with our expectations, FOX News reclaimed its leadership position as America\'s number one cable news network and the most watched cable network in primetime, while FOX Sports reached a landmark agreement with the NFL to extend our Sunday NFC rights package with expanded digital rights. These strategic milestones, coupled with a slate of complementary, high-growth, digital-focused assets, led by continued record growth at Tubi, provide a powerful platform to grow our business for the long-term."

For earnings history and earnings-related data on Fox Corporation (FOX) click here.

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