Political Ads, Soccer Drive Q1 Fox Profit [Yahoo! Finance]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
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Source: Yahoo! Finance
The owner of the Fox broadcast network, Fox Sports and Fox News Media said net income attributable to Fox Corporation stockholders came to $827 million, or $1.78 per share in the period, compared to $407 million, or 82 cents a share in the year-earlier quarter. Revenue rose 11%, or $357 million, to $3.56 billion, compared with nearly $3.21 billion a year earlier. More from Variety Apple Profit Drops 36% on EU Tax Charge as Services Revenue Hits $25 Billion in New Quarterly Record Amazon Bests Wall Street Earnings Estimates as Ad Sales Rise 19% in Q3 Comcast Gets Q3 Olympics Boost, Adds 3M Peacock Subs Amid Challenges in Broadband, Theme Parks Lachlan Murdoch, CEO of Fox Corp., in a statement cited factors including “strong audience growth at Fox News, record political advertising across the company, accelerating revenue growth at Tubi and a compelling start to our fall sports calendar.” Fox Corp. appears to be seeing fewer headwinds in its business than larger rivals. The
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FOX
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- 10/11/24 - Barclays PLC