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Fox Corporation  (FOXA)
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Price: $29.0500 $-0.37 -1.258%
Day's High: $29.31 Week Perf: -1.76 %
Day's Low: $ 29.11 30 Day Perf: -10.37 %
Volume (M): 87 52 Wk High: $ 35.56
Volume (M$): $ 2,544 52 Wk Avg: $31.83
Open: $29.85 52 Wk Low: $28.52



 Market Capitalization (Millions $) 14,002
 Shares Outstanding (Millions) 482
 Employees 10,600
 Revenues (TTM) (Millions $) 14,685
 Net Income (TTM) (Millions $) 849
 Cash Flow (TTM) (Millions $) 64
 Capital Exp. (TTM) (Millions $) 354

Fox Corporation
Twenty-First Century Fox, Inc. (formerly known as News Corporation), a Delaware corporation, is a diversified global media and entertainment company with operations in the following five industry segments: (i) Cable Network Programming; (ii) Television; (iii) Filmed Entertainment; (iv) Direct Broadcast Satellite Television; and (v) Other, Corporate and Eliminations. The activities of Twenty-First Century Fox, Inc. are conducted principally in the United States, the United Kingdom, Continental Europe, Asia and Latin America.


   Company Address: 1211 Avenue of the Americas New York, 10036 NY
   Company Phone Number: 852-7000   Stock Exchange / Ticker: NASDAQ FOXA
   


Customers Net Income grew by FOXA's Customers Net Profit Margin grew to

248.31 %

7.06 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CMCSA   -0.98%    
SSP        0.64% 
DIS        4.2% 
GCI   -6.51%    
GHC        5.92% 
LGFA        5.92% 
• View Complete Report
   



Fox Corporation

Fox Corporation Faces Decline in Revenue of 6.843% during Q2 FY2024



In the most recent fiscal period ending December 31, 2023, Fox Corporation faced significant challenges as it witnessed a decline of 6.843% in revenue, which reached $4.23 billion. This led to a drastic tumble in profits by 60.34%, resulting in a profit of $0.23 per share, relative to $0.58 recorded in the same reporting season the previous year. Additionally, the earnings per share (EPS) plummeted by a staggering 71.95% from $0.82 per share. The company's net income also experienced a sharp decline of 64.17%, from $321.000 million to $115.000 million compared to the corresponding period a year ago.
Financial Performance:
Examining these figures in context, Fox Corporation encountered a mixed bag of profitability. While the operating margin improved, reaching 86.02% with $3642 million operating income, the net margin faltered at 2.72%. This indicates that although the company managed to increase its revenue, it struggled to maintain profitability.

Fox Corporation

Fox Corporation's Income Plummets as Revenue Soars in Q1 2024

Financial News Report: Fox Corporation Reports Income Contraction in Q1 2024
According to the recently released financial report for the first quarter of 2024, Fox Corporation witnessed a contraction of -25.45% in income compared to the comparable quarter a year ago. This decline occurred despite a modest revenue rise of 2.657%, with revenue reaching $3.21 billion. Earnings per share (EPS) stood at $0.82.
Comparing the first quarter of 2024 to the previous quarter, EPS surged by 10.63%, from $0.74 per share, and revenue increased by 1.487%, reaching $3.16 billion. However, net income experienced a significant decrease of -32.3%, falling to $415.0 million from $613.0 million in the corresponding period the previous year.

Fox Corporation

Fox Corporation Demonstrates Resilience with Strong Earnings Growth Despite Slender Top-line Contraction in Q2 2023


By
As the fiscal interval from April to June 30, 2023 came to a close, Fox Corporation faced challenges with diminished revenue. However, the company demonstrated its resilience by managing to raise its earnings per share, marking a notable achievement in the Broadcasting Media & Cable TV sector. This positive development saw profit per share increase by an impressive 37.18% to $0.74 per share.
Although revenue suffered a decline of -2.076% to $3.16 billion compared to the same period last year, it is important to note that the remainder of the sector recorded a revenue growth in the fourth quarter of 2023. This indicates that Fox Corporation's performance may have been influenced by factors specific to the company rather than a general industry-wide trend.

Fox Corporation

Fox Corporation's Struggles Continue as Financial Results Raise Concerns Among Investors and Analysts Fox Corporation's Disappointing Q3 2023 Results Highlight Potential Efficiency Concerns and Subpar Performance

As the economy recovers from the pandemic, Fox Corporation's disappointing financial results in the third quarter of 2023 have raised concerns among investors and analysts alike. Despite a revenue increase of 18.21%, the company's revenue per employee fell below the industry average, highlighting potential efficiency concernsWith only 10,600 employees, Fox Corporation's trailing twelve months revenue per employee of $1,413,208 is a cause for concern. Compared to its peers in the services sector, three other companies achieved higher revenue per employee, pointing to potential staffing and operating inefficiencies within Fox Corporation.
Furthermore, Fox Corporation's overall ranking has deteriorated compared to the second quarter of 2023, dropping to number three in the sector. The company's net loss of $-0.10 per share is a significant decline from the $0.50 per share earned in the previous year, further highlighting its struggles.
While Fox Corporation did report positive news regarding its revenue growth of 18.205% to $4.08 billion from $3.46 billion in the same quarter a year prior, sequential revenue deteriorated by -10.143% from $4.55 billion. This indicates that the company is struggling to maintain consistency in its revenue growth trajectory.
The most concerning aspect of Fox Corporation's recent financial report is its net loss of $-50.000 million instead of the bottom line of $290.000 million booked in the same quarter the previous year. This represents a significant decline in profitability, highlighting the company's struggles in the current market.
While Fox Corporation's operating earnings rose 19.87% to $3450 million, the overall financial results are not promising for the company's future. Analysts expect the company to report its next financial earnings on February 07, 2024, which will provide a clearer picture of its future prospects.
Overall, the bearish outlook for Fox Corporation is justified given its recent financial results. Investors will be watching closely to see if the company can turn its fortunes around and approach its peers' revenue per employee levels while also improving profitability. Until it can achieve both, however, it will continue to face headwinds from the market and investors alike.






 

Fox's Segments
 
Filmed Entertainment
 Segment     of total Revenue
Television
 Segment     of total Revenue
Cable Network Programming
 Segment     of total Revenue
Other
 Segment     of total Revenue
Affiliate Fees
 Segment     of total Revenue
Advertising
 Segment     of total Revenue
Content
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Fox does not provide revenue guidance.

Earnings Outlook
Fox Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion
North America
Europe
Australasia & Other




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