The Fox Corporation (NASDAQ:FOXA) is in a steady financial state with rising stock prices expected, as suggested by a Morgan Stanley Analyst. The company's executives are set to discuss First Quarter Fiscal 2025 financial results via webcast after reporting net income of $320 million, adjusted EBITDA of $773 million and revenue of $3.09 billion in Fourth Quarter Fiscal 2024. Amid global market turmoil, FOXA stocks reached a new 52-week high, raising questions if they are a good buy. The executives will also participate in the Goldman Sachs Communacopia & Technology conference. A proposal from Starboard seeks to break Murdoch's grip on News Corp. FOXA's stock repurchase authorization has increased by $2 billion, following its announcement as a standalone, publicly traded company.
Fox Corporation Class A FOXA News Analytics from Thu, 04 Jun 2015 17:56:31 GMT to Fri, 01 Nov 2024 14:16:00 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor 3
