Wall Street brokerages predict that Twenty-First Century Fox Inc (NASDAQ:FOXA) will report earnings of $0.54 per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Twenty-First Century Fox’s earnings, with estimates ranging from $0.52 to $0.58. Twenty-First Century Fox posted earnings per share of $0.49 in the same quarter last year, which would indicate a positive year-over-year growth rate of 10.2%. The company is expected to report its next quarterly earnings results on Wednesday, November 14th.

According to Zacks, analysts expect that Twenty-First Century Fox will report full year earnings of $2.00 per share for the current fiscal year, with EPS estimates ranging from $1.81 to $2.14. For the next financial year, analysts forecast that the firm will report earnings of $2.32 per share, with EPS estimates ranging from $2.15 to $2.48. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Twenty-First Century Fox.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 8th. The company reported $0.57 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.03. Twenty-First Century Fox had a net margin of 14.68% and a return on equity of 18.71%. The company had revenue of $7.94 billion during the quarter, compared to the consensus estimate of $7.52 billion. During the same quarter in the prior year, the company posted $0.36 EPS. The company’s quarterly revenue was up 17.7% compared to the same quarter last year.

A number of research firms have recently commented on FOXA. Morgan Stanley reaffirmed an “overweight” rating and set a $53.00 price objective on shares of Twenty-First Century Fox in a research note on Monday. Zacks Investment Research downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Tuesday, October 9th. Macquarie upped their price objective on shares of Twenty-First Century Fox from $46.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday, September 6th. ValuEngine cut Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 28th. Finally, Cowen reiterated a “hold” rating and set a $49.00 target price on shares of Twenty-First Century Fox in a report on Sunday, August 12th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the stock. Twenty-First Century Fox has a consensus rating of “Buy” and a consensus target price of $45.44.

Shares of NASDAQ FOXA traded down $0.02 on Thursday, reaching $45.81. 9,158,577 shares of the company traded hands, compared to its average volume of 11,146,479. Twenty-First Century Fox has a fifty-two week low of $24.81 and a fifty-two week high of $50.15. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.35 and a quick ratio of 1.90. The company has a market cap of $85.83 billion, a P/E ratio of 23.25, a P/E/G ratio of 2.39 and a beta of 1.30.

The company also recently announced a Semi-Annual dividend, which was paid on Wednesday, October 17th. Stockholders of record on Wednesday, September 12th were issued a dividend of $0.18 per share. This represents a dividend yield of 0.79%. The ex-dividend date was Tuesday, September 11th. Twenty-First Century Fox’s payout ratio is currently 18.27%.

Large investors have recently modified their holdings of the company. Kaizen Advisory LLC grew its holdings in shares of Twenty-First Century Fox by 121.8% during the 2nd quarter. Kaizen Advisory LLC now owns 2,278 shares of the company’s stock worth $113,000 after purchasing an additional 1,251 shares during the period. Centaurus Financial Inc. purchased a new position in Twenty-First Century Fox in the 2nd quarter worth approximately $115,000. Nelson Roberts Investment Advisors LLC purchased a new position in Twenty-First Century Fox in the 2nd quarter worth approximately $122,000. Sun Life Financial INC boosted its holdings in Twenty-First Century Fox by 1,522.7% in the 2nd quarter. Sun Life Financial INC now owns 2,856 shares of the company’s stock worth $142,000 after acquiring an additional 2,680 shares during the period. Finally, First Hawaiian Bank purchased a new position in Twenty-First Century Fox in the 3rd quarter worth approximately $137,000. Institutional investors and hedge funds own 54.11% of the company’s stock.

Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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