Earnings AccelerationFox is now set up to accelerate earnings due to an improving advertising backdrop which should benefit from the Presidential election cycle, continued momentum at Tubi, the Super Bowl in 2025 and strength in Live News and Sports including major soccer events.
Revenue PerformanceFox's soccer rights performed well in the quarter, potentially adding significant revenue based on viewership.
Valuation And Market PositionFox appears extremely attractive trading at approximately 6x CY25 EV/EBITDA, well below other M&E peers, which should provide downside protection to shares.