Investing.com - Fox Corp A reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fox Corp A announced earnings per share of $0.16 on revenue of $4.09B. Analysts polled by Investing.com anticipated EPS of $-0.0602 on revenue of $4B.
Fox Corp A shares are up 12.26% from the beginning of the year , still down 19.60% from its 52 week high of $40.66 set on Wednesday, January 27, 2021. They are outperforming the S&P 500 which is up 4.25% year to date.
Fox Corp A shares gained 2.48% in pre-market trade the report.
Fox Corp A follows other major Services sector earnings this month
Fox Corp A's report follows an earnings beat by Amazon.com on Tuesday, February 2, 2021, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on Tuesday, February 2, 2021 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
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