FOXA - These Analysts Revise Their Forecasts On Fox After Q2 Results | Benzinga
Fox Corporation (NASDAQ: FOX) (NASDAQ: FOXA) posted better-than-expected second-quarter financial results on Wednesday.
Fox reported second-quarter 2023 revenues of $4.23 billion, down from $4.61 billion a year ago, almost in line with the consensus of $4.21 billion. Adjusted net income was $165 million (34 cents per share), beating the consensus of 11 cents per share, down from $259 million (48 cents per share) a year ago, according to data from Benzinga Pro.
Affiliate fee revenues increased by 4%, driven by 10% growth in the Television segment.
"At the ...