Fox Q4 2024 Adj EPS $0.90 Beats $0.81 Estimate, Sales $3.09B Miss $3.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fox (NASDAQ:FOXA) reported Q4 2024 adjusted EPS of $0.90, beating the $0.81 estimate, while sales of $3.09 billion slightly missed the $3.10 billion estimate. Sales increased by 1.98% year-over-year.
August 06, 2024 | 11:31 am
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Fox reported Q4 2024 adjusted EPS of $0.90, beating the $0.81 estimate, while sales of $3.09 billion slightly missed the $3.10 billion estimate. Sales increased by 1.98% year-over-year.
The EPS beat by 11.11% is a positive indicator and likely to boost investor confidence. The slight miss in sales is minor and offset by the year-over-year growth of 1.98%. Overall, the positive earnings surprise is expected to have a favorable short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100