Brokerages expect Twenty-First Century Fox, Inc. (NASDAQ:FOXA) to post earnings per share (EPS) of $0.47 for the current quarter, Zacks reports. Four analysts have provided estimates for Twenty-First Century Fox’s earnings. The lowest EPS estimate is $0.41 and the highest is $0.53. Twenty-First Century Fox reported earnings of $0.53 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 11.3%. The business is expected to report its next earnings results on Monday, February 5th.

On average, analysts expect that Twenty-First Century Fox will report full-year earnings of $1.98 per share for the current financial year, with EPS estimates ranging from $1.92 to $2.02. For the next year, analysts anticipate that the business will report earnings of $2.22 per share, with EPS estimates ranging from $2.06 to $2.35. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Twenty-First Century Fox.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same quarter in the prior year, the company earned $0.51 EPS. Twenty-First Century Fox’s revenue was up 7.6% on a year-over-year basis.

FOXA has been the topic of a number of recent research reports. Guggenheim reaffirmed a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research note on Tuesday, October 10th. Piper Jaffray Companies set a $35.00 target price on Twenty-First Century Fox and gave the company a “buy” rating in a research note on Wednesday, November 1st. Jefferies Group reaffirmed a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research note on Tuesday, September 26th. KeyCorp reaffirmed a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research note on Sunday, September 10th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research note on Wednesday, November 22nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $34.39.

Several hedge funds have recently added to or reduced their stakes in the company. Capital Research Global Investors increased its holdings in shares of Twenty-First Century Fox by 20.2% during the 2nd quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after buying an additional 14,398,422 shares during the last quarter. Vanguard Group Inc. increased its holdings in Twenty-First Century Fox by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock valued at $1,915,500,000 after purchasing an additional 287,817 shares in the last quarter. BlackRock Inc. increased its holdings in Twenty-First Century Fox by 2.5% in the 2nd quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock valued at $1,677,798,000 after purchasing an additional 1,432,981 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in Twenty-First Century Fox by 8.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 37,460,118 shares of the company’s stock valued at $988,198,000 after purchasing an additional 3,018,013 shares in the last quarter. Finally, Independent Franchise Partners LLP increased its holdings in Twenty-First Century Fox by 7.7% in the 3rd quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock valued at $749,050,000 after purchasing an additional 2,039,154 shares in the last quarter. Institutional investors and hedge funds own 54.50% of the company’s stock.

Twenty-First Century Fox (FOXA) traded down $1.35 during mid-day trading on Thursday, reaching $32.75. The company had a trading volume of 21,815,400 shares, compared to its average volume of 9,044,742. Twenty-First Century Fox has a 12-month low of $24.81 and a 12-month high of $34.75. The company has a current ratio of 2.08, a quick ratio of 1.73 and a debt-to-equity ratio of 1.09. The stock has a market cap of $64,270.00, a price-to-earnings ratio of 17.76, a P/E/G ratio of 2.34 and a beta of 1.44.

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About Twenty-First Century Fox

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

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Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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