Fox Corporation

(NASDAQ Global Select)
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Bullish +62

What to Expect From Fox Corporation's Q1 2027 Earnings Report

Earnings report AI-generated analysis

πŸ“… Fox Corporation is set to release Q1 2027 earnings on Monday, Nov. 2, with analysts expecting diluted EPS of $2.04.

πŸ“ˆ Analysts project fiscal 2027 EPS of $5.99, up 10.5% from fiscal 2026, though a decline to $5.79 is expected for 2028.

πŸ“‰ The stock has underperformed the S&P 500 over the past 52 weeks with an 11.6% gain compared to the index's 15.5% rise.

πŸ’° Recent Q4 2026 results showed revenue jumping 28% YOY to $4.2 billion, driven by a 78% surge in advertising revenue from the FIFA Men's World Cup.

πŸ“Š The company has exceeded Wall Street's EPS estimates in each of its last four consecutive quarters.

⚠️ Shares are down roughly 12% year-to-date in 2026, reflecting concerns about sustainability of event-driven ad growth and higher sports-content costs.

πŸ† Analysts maintain a 'Moderate Buy' rating with nine out of 14 recommending 'Strong Buy' and five suggesting 'Hold'.

🎯 The average analyst price target is $73.33, indicating an upside potential of 28.2% from current levels.

πŸ“Ί Growth momentum is supported by strong advertising trends, the sports portfolio, and growing traction at Tubi and FOX One.

Bullish Signals
  • Fox Corporation has exceeded Wall Street's EPS estimates in each of its last four consecutive quarters, demonstrating consistent execution.
  • Q4 2026 results were strong with revenue jumping 28% YOY to $4.2 billion, significantly boosted by a 78% surge in advertising revenue tied to the FIFA Men's World Cup.
  • The company is supported by strong advertising trends, a robust sports portfolio, and growing momentum at its streaming properties Tubi and FOX One.
  • Analysts maintain a 'Moderate Buy' rating overall, with nine out of 14 analysts recommending a 'Strong Buy' on the stock.
  • The average analyst price target of $73.33 suggests an upside potential of 28.2% from current levels, indicating strong institutional confidence.
Risk Factors
  • Shares are down roughly 12% year-to-date in 2026, reflecting investor concerns about the sustainability of event-driven advertising growth.
  • The stock faces headwinds from higher sports-content costs which may impact future margins and profitability.
  • Analysts project a decline in EPS to approximately $5.79 for fiscal 2028, representing a roughly 3.3% year-over-year fall from fiscal 2027 levels.
Full Analysis
Fox Corporation (FOX) is preparing to release its Q1 2027 earnings report on Monday, Nov. 2, ahead of the market open. Analysts project a diluted EPS of $2.04 for the quarter, representing a significant 35.1% increase from the year-ago figure of $1.51. The company has successfully exceeded Wall Street's EPS estimates in each of its last four quarters, demonstrating consistent performance relative to market expectations. Looking ahead to fiscal 2027, analysts forecast an EPS of $5.99, which is up 10.5% from the previous year's $5.42. However, projections indicate a slight decline in earnings per share to approximately $5.79 for fiscal 2028, suggesting a potential slowdown in growth momentum. Over the past 52 weeks, FOX shares have gained 11.6%, underperforming the broader S&P 500 but outpacing the Communication Services sector ETF. Recent performance has been mixed, with the stock gaining positive returns supported by strong advertising trends and a robust sports portfolio, including momentum from Tubi and FOX One. Despite this, shares faced weakness in 2026, dropping roughly 12% year-to-date due to profit-taking and concerns regarding the sustainability of event-driven advertising growth and rising costs for sports content. Following strong Q4 2026 results where revenue jumped 28% to $4.2 billion driven largely by FIFA Men's World Cup advertising, analysts maintain a cautiously bullish stance with an overall 'Moderate Buy' rating. The average analyst price target of $73.33 suggests potential upside of 28.2% from current levels, reflecting confidence in the company's strategic positioning despite near-term headwinds.