Market Overview

Fox's Earnings: A Preview

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Fox Corp (NASDAQ: FOXA) announces its next round of earnings this Tuesday, August 04. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.

Earnings and Revenue

Fox EPS is expected to be around $0.57, according to sell-side analysts. Sales will likely be near $2.40 billion. Fox reported a per-share profit of $0.620 when it published results during the same quarter last year. Sales in that period totaled $2.51 billion. The Wall Street consensus estimate for earnings would represent a 8.06% decrease for the company. Sales would be down 28.14% from the year-ago period. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019
EPS Estimate 0.71 -0.02 0.69 0.59
EPS Actual 0.93 0.10 0.83 0.62
Revenue Estimate 3.34 B 3.65 B 2.60 B 2.48 B
Revenue Actual 3.44 B 3.78 B 2.67 B 2.51 B

Stock Performance

Over the past 52-week period, shares of Fox have declined 30.01%.

Don't be surprised to see the stock move on comments made during its conference call. Fox is scheduled to hold the call at 17:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/iqm2cb53

 

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Posted-In: Earnings