FOX (FOX) Set to Announce Earnings on Wednesday

FOX (NASDAQ:FOX) is scheduled to announce its earnings results before the market opens on Wednesday, May 8th. Parties interested in participating in the company’s conference call can do so using this link.

FOX (NASDAQ:FOX) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.23. The business had revenue of $4.23 billion for the quarter. FOX had a return on equity of 15.81% and a net margin of 5.75%. During the same period in the prior year, the company posted $0.48 earnings per share.

FOX Stock Performance

FOX stock opened at $29.58 on Monday. The company has a market cap of $14.05 billion, a PE ratio of 17.50 and a beta of 0.82. FOX has a 12 month low of $25.82 and a 12 month high of $33.24. The company has a fifty day moving average price of $27.92 and a two-hundred day moving average price of $28.09. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.29 and a quick ratio of 2.01.

FOX Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 6th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date was Tuesday, March 5th. This is an increase from FOX’s previous quarterly dividend of $0.24. FOX’s dividend payout ratio is currently 30.77%.

Wall Street Analyst Weigh In

Separately, TheStreet downgraded FOX from a “b-” rating to a “c” rating in a research note on Wednesday, February 7th.

About FOX

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional cable television systems, direct broadcast satellite operators, and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.