Wall Street analysts predict that Twenty-First Century Fox Inc (NASDAQ:FOXA) will post earnings of $0.56 per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Twenty-First Century Fox’s earnings. The highest EPS estimate is $0.59 and the lowest is $0.52. Twenty-First Century Fox reported earnings of $0.54 per share in the same quarter last year, which would indicate a positive year over year growth rate of 3.7%. The firm is scheduled to report its next quarterly earnings results on Wednesday, May 9th.
On average, analysts expect that Twenty-First Century Fox will report full-year earnings of $2.04 per share for the current fiscal year, with EPS estimates ranging from $2.01 to $2.08. For the next financial year, analysts forecast that the company will post earnings of $2.25 per share, with EPS estimates ranging from $2.10 to $2.42. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that cover Twenty-First Century Fox.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The business had revenue of $8.04 billion for the quarter, compared to analyst estimates of $7.94 billion. During the same quarter in the prior year, the firm earned $0.53 EPS. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year.
Shares of Twenty-First Century Fox (NASDAQ FOXA) opened at $36.12 on Monday. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.98. Twenty-First Century Fox has a fifty-two week low of $24.81 and a fifty-two week high of $39.13. The firm has a market cap of $66,913.30, a PE ratio of 16.88, a PEG ratio of 1.92 and a beta of 1.36.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be issued a dividend of $0.18 per share. This represents a yield of 0.00503778337531486%. The ex-dividend date is Tuesday, March 13th. Twenty-First Century Fox’s dividend payout ratio is currently 16.82%.
A number of large investors have recently modified their holdings of FOXA. Alliancebernstein L.P. grew its holdings in Twenty-First Century Fox by 409.6% during the 4th quarter. Alliancebernstein L.P. now owns 9,313,012 shares of the company’s stock worth $321,578,000 after acquiring an additional 7,485,610 shares during the last quarter. Franklin Resources Inc. grew its holdings in Twenty-First Century Fox by 43.8% during the 4th quarter. Franklin Resources Inc. now owns 22,857,561 shares of the company’s stock worth $789,270,000 after acquiring an additional 6,959,165 shares during the last quarter. York Capital Management Global Advisors LLC bought a new position in shares of Twenty-First Century Fox in the 4th quarter valued at about $121,123,000. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Twenty-First Century Fox by 8.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 37,460,118 shares of the company’s stock valued at $988,198,000 after purchasing an additional 3,018,013 shares during the last quarter. Finally, Alpine Associates Management Inc. bought a new position in shares of Twenty-First Century Fox in the 4th quarter valued at about $59,134,000. 53.77% of the stock is currently owned by hedge funds and other institutional investors.
COPYRIGHT VIOLATION NOTICE: “Brokerages Anticipate Twenty-First Century Fox Inc (FOXA) to Post $0.56 Earnings Per Share” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.tickerreport.com/banking-finance/3301397/brokerages-anticipate-twenty-first-century-fox-inc-foxa-to-post-0-56-earnings-per-share.html.
About Twenty-First Century Fox
Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Twenty-First Century Fox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox and related companies with MarketBeat.com's FREE daily email newsletter.