Investing.com - Fox Corp A reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fox Corp A announced earnings per share of $0.81 on revenue of $3.46B. Analysts polled by Investing.com anticipated EPS of $0.8688 on revenue of $3.39B.
Fox Corp A shares are down 10% from the beginning of the year , still down 26.12% from its 52 week high of $44.95 set on Thursday, February 10, 2022. They are outperforming the S&P 500 which is down 16.26% year to date.
Fox Corp A shares lost 3.64% in pre-market trade the report.
Fox Corp A follows other major Communication Services sector earnings this month
Fox Corp A's report follows an earnings missed by Alphabet C on Tuesday, April 26, 2022, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.59 on revenue of $68.06B.
Alphabet A had missed expectations on Tuesday, April 26, 2022 with first quarter EPS of $24.62 on revenue of $68.01B, compared to forecast for EPS of $25.74 on revenue of $68.06B.
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