FOX (FOX) to Release Quarterly Earnings on Wednesday

FOX (NASDAQ:FOX) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, May 8th. Parties that are interested in registering for the company’s conference call can do so using this link.

FOX (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.23. FOX had a net margin of 5.75% and a return on equity of 15.81%. The firm had revenue of $4.23 billion during the quarter. During the same period last year, the company earned $0.48 earnings per share.

FOX Price Performance

Shares of FOX stock opened at $30.02 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.29 and a quick ratio of 2.01. FOX has a fifty-two week low of $25.82 and a fifty-two week high of $33.24. The firm has a fifty day moving average price of $27.98 and a two-hundred day moving average price of $28.10. The company has a market cap of $14.26 billion, a PE ratio of 17.76 and a beta of 0.82.

Analysts Set New Price Targets

Separately, TheStreet downgraded shares of FOX from a “b-” rating to a “c” rating in a report on Wednesday, February 7th.

About FOX

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional cable television systems, direct broadcast satellite operators, and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.