Fox Corporation (NASDAQ:FOXA) shows a fluctuating performance over the fiscal years 2023 and 2024. Throughout this period,
quarterly net income saw upward and downward shifts, with revenues ranging from
$3.03 to $4.61 billion. The corporation faced a setback as Fox News' presenter, Tucker Carlson, left the channel, causing a drastic
$962 million drop in the market value.
Investors and
asset management firms adjusted their positions in FOXA, with both purchases and sales of stock reported. Fox has also announced the formation of its new branch, the
Tubi Media Group. In FY 2024, the corporation's price target (PT) was increased to
$32.00 at Macquarie, it held its upfront event, and saw an EPS estimate increase for Q4 2024. Also, Fox Corporation announced its first day as a standalone public company. Amid all these developments, the network experienced controversy with Dominion Voting and faced a potential merger with News Corp, which culminated in Fox's major restructuring and Disney's acquisition.
Fox Corporation Class A FOXA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Sat, 18 May 2024 20:12:52 GMT -
Rating 5
- Innovation 1
- Information 7
- Rumor 4
