Previous Close | 29.85 |
Open | 29.60 |
Bid | 30.54 x 300 |
Ask | 30.61 x 800 |
Day's Range | 29.27 - 30.59 |
52 Week Range | 25.82 - 33.24 |
Volume | |
Avg. Volume | 1,323,090 |
Market Cap | 15.133B |
Beta (5Y Monthly) | 0.79 |
PE Ratio (TTM) | 17.89 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.52 (1.74%) |
Ex-Dividend Date | Mar 05, 2024 |
1y Target Est | N/A |
Shares of the company behind the Fox sports network and Fox News were up 1.3% in early trading. Fox also posted a net income of $666 million, compared with a loss of $54 million a year earlier, thanks to the absence of charges tied to its settlement last year with Dominion Voting Systems. The company's ad revenue fell by more than a third in the first three months of the year as Fox grappled with the lack of a Super Bowl broadcast and fewer National Football League games.
Strong Performance Despite Advertising Revenue Decline
Cable news and media network Fox (NASDAQ:FOXA) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 15.6% year on year to $3.45 billion. It made a non-GAAP profit of $1.09 per share, improving from its profit of $0.95 per share in the same quarter last year.