Fox Corporation (FOX) Q1 Earnings and Revenues Beat Estimates
📈 Fox Corporation reported Q1 earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.12.
💰 Revenue reached $4.57 billion for the quarter ended September 2026, surpassing estimates by 6.55%.
📊 The company has topped consensus EPS and revenue estimates four times over the last four quarters.
📉 Fox shares have lost about 13.5% since the beginning of the year versus the S&P 500's gain of 10.7%.
🔮 Analysts maintain a Zacks Rank #1 (Strong Buy) rating based on favorable earnings estimate revisions.
📅 The current consensus EPS estimate is $1.05 with revenues expected at $5.72 billion for the coming quarter.
Bullish Signals
- Fox Corporation reported Q1 earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.12 by 19.81%.
- Revenue reached $4.57 billion for the quarter ended September 2026, surpassing the consensus estimate by 6.55%.
- The company has surpassed consensus EPS and revenue estimates four times over the last four consecutive quarters.
- Analysts assign a Zacks Rank #1 (Strong Buy) to the stock based on favorable trends in earnings estimate revisions.
Risk Factors
- Fox shares have underperformed the broader market, losing approximately 13.5% year-to-date compared to the S&P 500's gain of 10.7%.
Full Analysis
Fox Corporation reported Q1 earnings of $2.54 per share, surpassing the consensus estimate of $2.12 and representing a 19.81% beat compared to the prior quarter's 33.58% surprise. Revenue reached $4.57 billion, exceeding expectations by 6.55%, marking the fourth consecutive quarter where both earnings and revenue topped analyst forecasts.
Despite beating estimates, Fox shares have underperformed the broader market, losing approximately 13.5% year-to-date versus the S&P 500's gain of 10.7%. The company operates within the Broadcast Radio and Television industry, which currently ranks in the top 28% of Zacks industries.
Analysts maintain a favorable outlook for the stock, assigning it a Zacks Rank #1 (Strong Buy) based on recent trends in earnings estimate revisions. Forward-looking consensus estimates project $1.05 per share in EPS and $5.72 billion in revenue for the coming quarter.