earnings
confidence high
sentiment positive
materiality 0.75
Fox Corp Q2 fiscal 2022 revenue $4.44B (+9% YoY); adjusted EPS $0.13 vs $0.16
Fox Corp
2022-Q2 EPS reported
$1.07
revenue$7,486,000,000
- Revenue $4.44B, up 9% YoY from $4.09B; affiliate +11%, advertising +6%, other +20%.
- Net loss $73M vs net income $230M prior; net loss attributable to Fox $85M ($0.15 per share).
- Adjusted net income $77M ($0.13) vs $93M ($0.16); Adjusted EBITDA $310M (+2% YoY).
- Net loss primarily due to change in fair value of investments; operating metrics showed growth.
- CEO cites strong momentum in news, sports, broadcast, and Tubi; investing in digital growth.