Investing.com - Fox Corp A reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fox Corp A announced earnings per share of $1.18 on revenue of $2.72B. Analysts polled by Investing.com anticipated EPS of $0.75 on revenue of $2.57B.
Fox Corp A shares are down 26.09% from the beginning of the year , still down 31.03% from its 52 week high of $39.73 set on Friday, January 17, 2020. They are under-performing the Nasdaq 100 which is up 26.93% year to date.
Fox Corp A shares gained 2.19% 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 Thursday, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.
Visa A had beat expectations on Wednesday, October 28, 2020 with fourth quarter EPS of $1.12 on revenue of $5.1B, compared to forecast for EPS of $1.09 on revenue of $5B.
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