From Nasdaq: 2025-05-12 14:13:00

Fox Corporation reported third-quarter fiscal 2025 adjusted earnings per share of $1.10, beating estimates by 18.28%. Revenues increased 26.8% to $4.37 billion, driven by growth in affiliate fees and advertising. Other revenues surged 20.4% to $330 million. FOXA shares rose 6.33% in pre-market trading following the strong results.

Cable Network Programming revenues increased 11.1% to $1.63 billion, with advertising revenues growing 25.7%. Television revenues rose 39.5% to $2.70 billion, driven by a 77.2% jump in advertising revenues. Operating expenses increased 44.6% to $2.96 billion, leading to a contraction in adjusted EBITDA margin to 19.6%.

FOXA’s 2025 earnings estimate is $4.45 per share, with revenue estimated at $15.88 billion. The company carries a Zacks Rank #2. Other top-ranked stocks in the sector include AAP, BABA, and GOOS. Advance Auto Parts is set to report first-quarter 2025 results on May 22, while Alibaba and Canada Goose will report in May as well.

A new top semiconductor stock with strong earnings growth and an expanding customer base is poised for significant growth. Global semiconductor manufacturing is projected to reach $803 billion by 2028. Investors can access the stock for free and explore other top stock recommendations from Zacks Investment Research.



Read more at Nasdaq: FOXA Q3 Earnings Beat Estimates, Revenues Rise Y/Y, Shares Gain