Fox Corporation recently hosted a
webcast to discuss its Q3 fiscal 2025 financial results. The company saw an
increase in stake held by the BI Asset Management Fondsmaeglerselskab A S. In Q2 of fiscal 2025, Fox reported revenues of $5.08 billion, net income of $388 million, and adjusted EBITDA of $781 million, showing
profitability and growth. Fox's stock enjoyed a surge due to Q1 earnings beating expectations and election advertising windfalls, despite being given an average rating of 'hold' by analysts.
Investment movements have been dynamic, with several entities like Quantessence Capital LLC, HAP Trading LLC, and Forum Financial Management LP acquiring Fox stocks while entities like Ossiam, Envestnet Asset Management Inc., and Dodge & Cox offloaded a portion of their holdings. Fox also saw
revenue surge from the Super Bowl LIX on Fox and Tubi, generating more than $800 million in gross ad revenue.
Fox plans to launch its own
direct-to-consumer service, hinting at a
strategic diversification in its business model. Fox's stock shows potential despite market turmoil, with strong earning offsets against rising operational costs.
Fox Corporation Class A FOXA News Analytics from Thu, 04 Jun 2015 17:56:31 GMT to Fri, 25 Apr 2025 07:00:00 GMT -
Rating 6
- Innovation -2
- Information 7
- Rumor 0
