Although the revenue and EPS for Fox (FOXA) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fox Corporation (NASDAQ:FOX ) Q2 2025 Earnings Conference Call February 4, 2025 8:30 AM ET Company Participants Gabrielle Brown - Executive Vice President & Chief Investor Relations Officer Lachlan Murdoch - Executive Chair & Chief Executive Officer Steve Tomsic - Chief Financial Officer Conference Call Participants John Hodulik - UBS Michael Morris - Guggenheim Thomas Yeh - Morgan Stanley Michael Ng - Goldman Sachs Robert Fishman - MoffettNathanson Operator Ladies and gentlemen, thank you for standing by. Welcome to the Fox Corporation Second Quarter Fiscal Year 2025 Earnings Conference Call.
Fox (FOXA) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.34 per share a year ago.
Fox is planning to launch a direct-to-consumer streaming service by the end of the year, said CEO Lachlahn Murdoch. Fox has so far been on the sidelines of streaming, with the exception of its free, ad-supported service Tubi.
Fox Corp surpassed quarterly revenue and profit expectations on Tuesday, driven by higher political advertising on its news network and an uptick in commercials on its Tubi streaming service.
Fox will stream Super Bowl 59 on its free, ad-supported service Tubi on Sunday. This is the first time the Super Bowl will be featured on a platform like Tubi.
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Fox (FOXA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
American Airlines CEO Robert Isom addressed the collision between a regional jet and a Black Hawk helicopter near Reagan National Airport in a video statement. Click Here Watch more Fox Business Video: Click Here Watch Fox Business Network Live: Click Here FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
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FOXA's Q2 results are expected to reflect gains from ad revenues and streaming growth despite challenges from cost hikes and shifting consumer viewing habits.
Fox (FOXA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.