Several key updates regarding Fox Corporation (Class A FOXA) are outlined here. The corporation reported revenues and net income for each quarter of fiscal 2024. The third quarter saw revenues of $3.45 billion and net income of $704 million, followed by the second quarter's $4.23 billion in revenue, with a significantly lower net income of $115 million. FOXA's revenues for the first quarter of fiscal 2024 were reported at $3.21 billion, paired with a net income of $415 million. Several asset management firms, such as Robeco Institutional and BNP Paribas, made significant changes to their holdings of FOXA shares. In 2023, worries arose as Fox News' stock lost $962 million in market value following Tucker Carlson's exit. However, the corporation charted out its future with projects like the 'Fox Future' Studio Lot. The onset of Disney's acquisition of Fox concluded with the completion of the distribution associated with the merger. The updates conclude with various stock analyses and price forecasts.
Fox Corporation Class A FOXA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Wed, 22 May 2024 19:12:37 GMT - Rating 7 - Innovation -3 - Information 8 - Rumor -6
