Fox Corporation (FOX) Q1 2025 Earnings Call Transcript
Fox Corporation (NASDAQ:FOX ) Q1 2025 Earnings Conference Call November 4, 2024 8:00 AM ET Company Participants Gabrielle Brown - EVP & Chief Investor Relations Officer Lachlan Murdoch - Executive Chair & CEO Steve Tomsic - CFO Conference Call Participants Michael Morris - Guggenheim Partners Benjamin Swinburne - Morgan Stanley Robert Fishman - MoffettNathanson John Hodulik - UBS Jessica Reif Ehrlich Cohen - Bank of America Michael Ng - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by. Welcome to the Fox Corporation First Quarter Fiscal Year 2025 Earnings Conference Call.
Fox Corp. shares soar as record ad boom ahead of elections helps revenue beat estimates
Total revenue hit $3.56 billion, and Fox COE Lachlan Murdoch pointed to record political advertising across the company and strong growth at its ad-supported streaming platform, Tubi.
Fox's Q1 Earnings Surpass Estimates, Revenues Improve Y/Y
FOXA's fiscal Q1 results reflect an increase in Affiliate fees, driven by growth in the Television segment and Cable Network Programming segment.
Fox beats expectations thanks to record political advertising
Fox Corp (NASDAQ:FOXA) turned in better than expected quarterly earnings, thanks to record levels of political advertising ahead of this week's US presidential election. Revenues of $3.56 billion were generated in the three months ended September 30, the group's fiscal first quarter, up 11% on a year earlier as television revenues grew 10% while cable network revenue rose 3%.
Fox (FOXA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Fox (FOXA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fox (FOXA) Q1 Earnings and Revenues Beat Estimates
Fox (FOXA) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.09 per share a year ago.
Fox Corporation (FOX) Q1 Earnings and Revenues Beat Estimates
Fox Corporation (FOX) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.09 per share a year ago.
Political Ad Surge Propels Fox Corp. Past Wall Street Quarterly Estimates
Fox Corp. beat Wall Street analysts' consensus forecast in its fiscal first quarter of 2025, with a swell of political ad spending along with strength at Fox Sports driving results. Total revenue climbed 11% from the year-earlier period, hitting $3.56 billion, while adjusted net income zoomed to $1.45 per share from $1.
Fox Corp beats revenue estimates on robust political advertising
Fox Corp beat Wall Street expectations for first-quarter revenue on Monday, as the media company benefited from higher advertising revenue from its streaming service ahead of the U.S. presidential election.
Fox to Report Q1 Earnings: What's in the Offing for FOXA Shares?
FOXA shares are expected to suffer from lower volume of third-party content revenue and persisting inflation. However, Tubi's performance bodes well for investors.
Wall Street's Insights Into Key Metrics Ahead of Fox (FOXA) Q1 Earnings
Besides Wall Street's top -and-bottom-line estimates for Fox (FOXA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Fox Corporation (FOX) Earnings Expected to Grow: Should You Buy?
Fox (FOX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
