Twenty-First Century Fox (FOXA) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS
Twenty-First Century Fox (NASDAQ:FOXA) issued its quarterly earnings data on Thursday. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.10, StockRatingsNetwork.com reports. The company had revenue of $8.16 billion for the quarter, compared to the consensus estimate of $7.89 billion. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 14.9% on a year-over-year basis.
Twenty-First Century Fox (NASDAQ:FOXA) opened at 31.72 on Thursday. Twenty-First Century Fox has a one year low of $24.1519 and a one year high of $35.75. The stock’s 50-day moving average is $33.12 and its 200-day moving average is $32.85. The company has a market cap of $72.379 billion and a P/E ratio of 12.07.
Several analysts have recently commented on the stock. Analysts at Hanson upgraded shares of Twenty-First Century Fox from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday. They now have a $36.00 price target on the stock. On the ratings front, analysts at TheStreet reiterated a “buy” rating on shares of Twenty-First Century Fox in a research note to investors on Friday, January 31st. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Twenty-First Century Fox in a research note to investors on Friday, January 17th. They now have a $34.00 price target on the stock. Three research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have given a strong buy rating to the company’s stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average price target of $37.64.
Twenty-First Century Fox, Inc, formerly News Corporation, has a portfolio of cable, broadcast, film, pay television and satellite assets spanning six continents across the globe.
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