FMP
Feb 7, 2024 5:27 PM - Davit Kirakosyan
Fox Corporation (NASDAQ:FOX) shares fell more than 5% intra-day today despite the company reporting earnings and revenue for the second quarter that exceeded expectations.
The company achieved an earnings per share (EPS) of $0.34, beating the forecast of $0.12. Fox's revenue for the quarter reached $4.23 billion, narrowly surpassing the $4.21 billion consensus estimate.
Revenue from cable network programming was $1.66 billion, exceeding the $1.59 billion expectation. TV revenue, however, slightly missed the mark at $2.54 billion compared to the expected $2.6 billion.
Advertising revenue amounted to $2.00 billion, not meeting the $2.1 billion forecast. On the other hand, affiliate fee revenue outperformed projections, reporting $1.79 billion against the anticipated $1.74 billion.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...