Fox Q4 EPS $0.88 Up From $0.74 YoY, Sales $3.03B Down From $3.03B YoY
Portfolio Pulse from Benzinga Newsdesk
Fox Corporation reported Q4 earnings of $0.88 per share, an increase of 18.92% YoY. However, the company's sales were $3.03 billion, a slight decrease of 0.03% YoY.
August 08, 2023 | 11:58 am
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NEUTRAL IMPACT
Fox Corporation's Q4 earnings per share increased by 18.92% YoY, while sales decreased slightly by 0.03% YoY.
Fox Corporation's earnings per share increased significantly, which is a positive sign for investors. However, the slight decrease in sales might offset the positive impact of the increased earnings. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100