FOX Q3 2023 EPS $0.82 Vs $0.88 YoY Revenue $3.21B Vs $3.192B YoY
Portfolio Pulse from Benzinga Newsdesk
FOX Corporation reported its Q3 2023 earnings per share (EPS) at $0.82, down from $0.88 year-over-year (YoY). However, the company's revenue increased to $3.21 billion from $3.192 billion YoY.
November 02, 2023 | 11:36 am
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NEUTRAL IMPACT
FOX's Q3 2023 EPS decreased YoY, but revenue increased. This mixed result could lead to uncertain market reactions.
FOX's EPS, a key profitability measure, has decreased YoY, which could negatively impact the stock. However, the increase in revenue, indicating business growth, could offset this negative impact. The net effect on the stock price is uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100