Fox Corp. reports Q2 adjusted EPS 96c, consensus 64c

Reports Q2 revenue $5.08B, consensus $4.82B. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: “A compelling fall sports schedule combined with a record-breaking presidential election news cycle resulted in second quarter results that reflect the strength and breadth of FOX. Whether measured in terms of engagement, monetization or profitability, our focused strategy of live news and sports programming, coupled with our growing digital initiatives, continues to deliver. We remain committed to sustained long-term value creation for our shareholders through our thoughtful and disciplined strategy for growth.”