Wall Street analysts predict that Twenty-First Century Fox Inc (NASDAQ:FOXA) will announce $0.46 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have provided estimates for Twenty-First Century Fox’s earnings, with estimates ranging from $0.37 to $0.53. Twenty-First Century Fox reported earnings of $0.53 per share in the same quarter last year, which would indicate a negative year over year growth rate of 13.2%. The business is expected to issue its next quarterly earnings report after the market closes on Wednesday, February 7th.

On average, analysts expect that Twenty-First Century Fox will report full year earnings of $1.97 per share for the current financial year, with EPS estimates ranging from $1.80 to $2.01. For the next financial year, analysts expect that the business will report earnings of $2.21 per share, with EPS estimates ranging from $2.06 to $2.35. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that follow Twenty-First Century Fox.

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

A number of research firms have recently commented on FOXA. B. Riley raised shares of Twenty-First Century Fox from a “neutral” rating to a “buy” rating and upped their price objective for the company from $38.00 to $46.00 in a research note on Tuesday. Pivotal Research lowered shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating and upped their price objective for the company from $37.00 to $38.00 in a research note on Tuesday, January 9th. Wells Fargo & Co raised shares of Twenty-First Century Fox to a “market weight” rating in a research note on Thursday, January 4th. Royal Bank of Canada upped their price objective on shares of Twenty-First Century Fox to $43.00 and gave the company an “outperform” rating in a research note on Wednesday, January 3rd. They noted that the move was a valuation call. Finally, Cowen reaffirmed a “hold” rating and issued a $39.00 price objective on shares of Twenty-First Century Fox in a research note on Friday, December 29th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $36.36.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mint Tower Capital Management B.V. acquired a new position in Twenty-First Century Fox during the third quarter worth $110,000. Rockefeller Financial Services Inc. acquired a new position in Twenty-First Century Fox during the third quarter worth $113,000. Zions Bancorporation raised its holdings in Twenty-First Century Fox by 86.4% during the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after buying an additional 2,276 shares during the last quarter. Stelac Advisory Services LLC acquired a new position in Twenty-First Century Fox during the third quarter worth $150,000. Finally, Valeo Financial Advisors LLC acquired a new position in Twenty-First Century Fox during the third quarter worth $176,000. Hedge funds and other institutional investors own 54.44% of the company’s stock.

Shares of Twenty-First Century Fox (FOXA) opened at $36.29 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73. Twenty-First Century Fox has a 12 month low of $24.81 and a 12 month high of $36.96. The company has a market cap of $68,043.35, a price-to-earnings ratio of 22.54, a PEG ratio of 2.10 and a beta of 1.34.

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Twenty-First Century Fox Company Profile

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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