Fox Corp. Advertising Growth Drives Better-Than-Expected Quarterly Results

Fox Corp. Advertising Growth Drives Better-Than-Expected Quarterly Results

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Fox Corp. Advertising Growth Drives Better-Than-Expected Quarterly Results

Summary

Fox Corp. advertising momentum in the April-to-June quarter helped it post revenue and earnings above Wall Street expect...

Fox Corp. advertising momentum in the April-to-June quarter helped it post revenue and earnings above Wall Street expectations. Total revenue of $3.29 billion and earnings per share of $1.57 EPS for the company's fiscal fourth quarter came in well ahead of analysts' consensus forecasts for $3.11 billion and $1.01, respectively.

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