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Fox (FOXA)
NASDAQ:FOXA
Holding FOXA?
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
$0.66Last Year’s EPS
$0.34Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 04, 2024
|% Change Since: 18.27%
|Next Earnings Date:Feb 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance with significant growth in revenue and EBITDA, helped by political advertising and Tubi's expansion. Despite some challenges like increased costs and subscriber declines, the overall sentiment is positive due to the company's strong positioning in news and sports.Company Guidance
During the Fox Corporation's Q1 2025 earnings call, guidance was robust, reflecting a strong financial performance. The company reported a 21% increase in EBITDA, reaching $1.05 billion, on the back of an 11% revenue growth, totaling $3.56 billion. Political advertising was a significant driver, with Tubi's revenue alone soaring by 19% and projected to reach $1 billion for the fiscal year. Fox Networks' reach extended to over 145 million people in October, largely due to Fox News' dominant viewership, with political content drawing over 9 million viewers for key events. Moreover, Fox Sports enjoyed record-breaking ratings, particularly with the Yankees-Dodgers World Series, averaging 16 million viewers. The NFL on Fox also had its best start in five years, with "America's Game of the Week" attracting nearly 26 million viewers. The company maintained a strong cash position with $4.1 billion and a commitment to completing a $7 billion share buyback program, having already repurchased $5.9 billion worth of shares.Record EBITDA Growth
EBITDA rose by 21% to over $1 billion, showcasing strong financial performance.
Revenue Surge
Total company revenues increased by 11% to $3.56 billion, driven by growth in multiple segments.
Tubi's Impressive Growth
Tubi's revenue grew by 19% in the quarter, with expectations to cross $1 billion in revenue for the fiscal year.
Fox News Ratings Success
Fox News achieved a 40% year-over-year audience growth and over 60% growth in the 25-54 age demographic.
Record Political Advertising Revenue
Record political revenue achieved for both the first quarter and the full fiscal year, significantly boosting advertising income.
Strong Performance in Sports
Fox Sports reported its best NFL start in five years, and the World Series viewership hit a 7-year high.
Affiliate Fee Revenue Growth
Affiliate fee revenues grew 6% across the company, highlighting the strength of Fox's brands.
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FOXA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FOXA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $41.88 | $43.00 | +2.67% |
| Aug 06, 2024 | $36.12 | $38.55 | +6.73% |
| May 08, 2024 | $32.11 | $32.94 | +2.58% |
| Feb 07, 2024 | $31.13 | $29.01 | -6.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Fox (FOXA) report earnings?
Fox (FOXA) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Fox (FOXA) earnings time?
Fox (FOXA) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FOXA EPS forecast?
FOXA EPS forecast for the fiscal quarter 2025 (Q2) is $0.66.
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