FOX (FOX) Set to Announce Earnings on Wednesday

FOX (NASDAQ:FOX) is set to release its earnings data before the market opens on Wednesday, May 8th. Parties interested in listening to the company’s conference call can do so using this link.

FOX (NASDAQ:FOX) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.23. The firm had revenue of $4.23 billion for the quarter. FOX had a net margin of 5.75% and a return on equity of 15.81%. During the same quarter in the prior year, the company posted $0.48 EPS.

FOX Stock Down 1.6 %

FOX stock opened at $28.68 on Wednesday. The firm has a market cap of $13.62 billion, a PE ratio of 16.97 and a beta of 0.85. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.01 and a current ratio of 2.29. The firm’s 50 day moving average price is $27.82 and its two-hundred day moving average price is $28.09. FOX has a twelve month low of $25.82 and a twelve month high of $33.24.

FOX Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 6th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 3.63%. The ex-dividend date was Tuesday, March 5th. This is a positive change from FOX’s previous quarterly dividend of $0.24. FOX’s dividend payout ratio is currently 30.77%.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered shares of FOX from a “b-” rating to a “c” rating in a research note on Wednesday, February 7th.

FOX Company Profile

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional cable television systems, direct broadcast satellite operators, and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.