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Fox Corp (FOXA) Q2 Earnings Beat Estimates, Revenues Up Y/Y
Fox Corporation FOXA reported second-quarter fiscal 2020 adjusted earnings of 10 cents per share that beat the Zacks Consensus Estimate of a loss of 4 cents but declined 76.7% year over year.
Revenues were up 5.4% year over year to $3.78 billion. The figure also surpassed the consensus mark by 3.4%.
Affiliate fees (38% of revenues) grew 6.8% to $1.44 billion. Advertising (53.2% of revenues) revenues increased 1.2% to $2.01 billion.
Other revenues (8.8% of revenues) rose 32.3% from the year-ago quarter to $332 million, driven by higher revenues from the operations of FOX Studios Lot for third parties.
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https://finance.yahoo.com/news/fox-corp-...01204.html
![[Bild: FOXAc1dl1500.png]](https://finviz.com/publish/020620/FOXAc1dl1500.png)
Fox Corporation FOXA reported second-quarter fiscal 2020 adjusted earnings of 10 cents per share that beat the Zacks Consensus Estimate of a loss of 4 cents but declined 76.7% year over year.
Revenues were up 5.4% year over year to $3.78 billion. The figure also surpassed the consensus mark by 3.4%.
Affiliate fees (38% of revenues) grew 6.8% to $1.44 billion. Advertising (53.2% of revenues) revenues increased 1.2% to $2.01 billion.
Other revenues (8.8% of revenues) rose 32.3% from the year-ago quarter to $332 million, driven by higher revenues from the operations of FOX Studios Lot for third parties.
...
https://finance.yahoo.com/news/fox-corp-...01204.html
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