FOX (NASDAQ:FOXA) Announces Quarterly Earnings Results

FOX (NASDAQ:FOXA) released its earnings results on Thursday. The company reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.35, Briefing.com reports. The company had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $3.64 billion. FOX had a return on equity of 20.64% and a net margin of 9.84%.FOX’s revenue was up 28.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.27 EPS.

FOX Stock Up 3.6%

Shares of FOX stock traded up $2.24 on Friday, reaching $64.03. 6,692,737 shares of the company were exchanged, compared to its average volume of 4,495,390. The stock’s 50 day moving average price is $57.49 and its 200-day moving average price is $60.70. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.17 and a quick ratio of 2.65. FOX has a 1-year low of $48.34 and a 1-year high of $76.39. The company has a market cap of $26.90 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 1.76 and a beta of 0.54.

FOX Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a dividend yield of 94.0%. FOX’s payout ratio is currently 14.78%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FOXA. Geneos Wealth Management Inc. raised its holdings in shares of FOX by 205.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 923 shares of the company’s stock valued at $52,000 after purchasing an additional 621 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of FOX by 286.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,368 shares of the company’s stock worth $77,000 after purchasing an additional 1,014 shares in the last quarter. Baird Financial Group Inc. grew its stake in shares of FOX by 19.7% during the second quarter. Baird Financial Group Inc. now owns 17,500 shares of the company’s stock worth $981,000 after purchasing an additional 2,876 shares in the last quarter. California State Teachers Retirement System increased its holdings in FOX by 16.6% in the second quarter. California State Teachers Retirement System now owns 350,844 shares of the company’s stock valued at $19,661,000 after buying an additional 49,963 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in FOX by 72.0% in the second quarter. Ameriprise Financial Inc. now owns 1,821,284 shares of the company’s stock valued at $101,948,000 after buying an additional 762,645 shares during the last quarter. Hedge funds and other institutional investors own 52.52% of the company’s stock.

FOX News Roundup

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Quarterly results exceeded expectations. Fox reported fiscal Q4 revenue of $4.21 billion, up 28.1% year over year and above the $3.64 billion consensus estimate. Adjusted EPS was $1.79, beating estimates ranging from $1.34 to $1.44 and increasing from $1.27 a year earlier. Fox fiscal 2026 results
• Positive Sentiment: World Cup significantly boosted advertising. FIFA Men’s World Cup coverage helped drive a 78% increase in advertising revenue, while total revenue, net income and adjusted EBITDA reached $4.21 billion, $696 million and $1.20 billion, respectively. Management’s commentary also supports optimism for fiscal 2027. Fox advertising and Tubi World Cup growth
• Positive Sentiment: Tubi and sports rights provide operating support. World Cup audiences and tournament content helped Fox’s free, ad-supported Tubi platform, while Fox expects to retain its NFL media rights agreement through 2029. This strengthens the company’s premium live-sports and advertising positioning. Fox NFL rights through 2029
• Positive Sentiment: Fox declared a $0.29-per-share dividend. Shareholders of record on September 2 are scheduled to receive payment on September 23, providing an additional shareholder return.
• Neutral Sentiment: Roku’s pending acquisition adds both opportunity and uncertainty. Roku reported quarterly results but provided no financial outlook because Fox has agreed to acquire the streaming company. The transaction could expand Fox’s streaming reach, but investors may remain focused on integration and deal-execution risks. Roku second-quarter results
• Negative Sentiment: Zacks Research downgraded FOXA from “strong buy” to “hold.” The call may limit some near-term upside, although it was outweighed by the company’s earnings and revenue beats.

Analyst Ratings Changes

FOXA has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $79.00 price target on shares of FOX in a research report on Tuesday, May 12th. Evercore set a $73.00 price objective on shares of FOX in a report on Tuesday, May 12th. Wolfe Research upgraded shares of FOX from a “peer perform” rating to an “outperform” rating and set a $71.00 target price on the stock in a report on Tuesday, June 30th. Barclays decreased their price target on shares of FOX from $67.00 to $60.00 and set an “equal weight” rating for the company in a research report on Monday, June 15th. Finally, Zacks Research downgraded shares of FOX from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Eight investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $73.56.

FOX Company Profile

Fox Corporation (NASDAQ: FOXA) is a U.S.-based media company focused on television broadcasting, cable news and sports programming, and digital distribution. The company was formed in 2019 as the successor to certain assets of 21st Century Fox after a transaction that transferred many film and television studio assets to The Walt Disney Company. Fox Corp’s operations center on the Fox Broadcasting network, a portfolio of local television stations, national news and business cable networks, and sports media properties.

Fox produces, acquires and distributes a range of live and recorded programming, including news, opinion and commentary, national and local sports telecasts, and general entertainment.