Fox's Q1 Earnings Surpass Estimates, Revenues Improve Y/Y

Fox Corporation (FOXA) reported first-quarter fiscal 2025 adjusted earnings per share of $1.45, which beat the Zacks Consensus Estimate by 29.5%. The figure increased 33.02% year over year.Revenues increased 11.13% year over year to$ 3.5 billion, beating the consensus mark by 5.6%.Affiliate fees (51.71% of total revenues) rose 5.92% to $1.84 billion, driven primarily by 10% growth in the Television segment and 3% growth in the Cable Network Programming segment.Advertising revenues (37.29% of total revenues) ...