Fox Corporation (FOX) Q1 Earnings and Revenues Beat Estimates
📈 Fox Corporation delivered Q1 earnings of $2.54 per share, beating the consensus estimate of $2.12 by 19.81%.
💰 Quarterly revenue reached $4.57 billion, surpassing analyst expectations by 6.55% for the period ended September 2026.
📊 The company has topped both earnings and revenue estimates in four consecutive quarters.
📉 Shares have declined approximately 13.5% year-to-date, underperforming the S&P 500's 10.7% gain.
🚀 Zacks Investment Research assigns a Rank #1 (Strong Buy) based on favorable earnings estimate revision trends.
🔮 Analysts project $1.05 EPS and $5.72 billion revenue for the coming quarter with full-year targets of $6.23 EPS.
🏆 The Broadcast Radio and Television industry ranks in the top 28% of all Zacks industries.
Bullish Signals
- Fox Corporation beat Q1 earnings estimates by 19.81%, reporting $2.54 per share versus a consensus of $2.12.
- Revenue for the quarter ended September 2026 reached $4.57 billion, exceeding analyst expectations by 6.55%.
- The company has successfully topped earnings and revenue estimates in each of the last four consecutive quarters.
- Zacks Investment Research maintains a Rank #1 (Strong Buy) rating due to favorable trends in earnings estimate revisions.
Full Analysis
Fox Corporation reported first-quarter earnings of $2.54 per share, surpassing the consensus estimate of $2.12 and representing a 19.81% beat compared to the prior year's adjusted earnings of $1.51. Revenue for the quarter ended September 2026 reached $4.57 billion, exceeding analyst expectations by 6.55% against a consensus of roughly $4.29 billion based on the reported beat percentage.
The company has demonstrated consistent performance, topping earnings and revenue estimates in each of the last four quarters. Despite underperforming the broader S&P 500 with shares down approximately 13.5% year-to-date versus a market gain of 10.7%, the stock holds a Zacks Rank #1 (Strong Buy) driven by favorable trends in earnings estimate revisions ahead of the report.
Analysts maintain a consensus EPS expectation of $1.05 and revenue guidance of $5.72 billion for the upcoming quarter, with full-year fiscal year estimates set at $6.23 per share on $17.75 billion in revenue. The industry outlook remains positive, with the Broadcast Radio and Television sector ranked in the top 28% among Zacks industries, suggesting potential for continued outperformance.