Fox Corp Beats Earnings, Despite Revenue Dip

Fox Corporations Q1 2026 earnings exceeded expectations, with revenue at $3.99 billion, surpassing the $3.81 billion forecast, despite an 8.6% year-over-year decline. Adjusted earnings per share hit $1.32, outpacing the $0.97 estimate by over 36%. Adjusted EBITDA reached $954 million, significantly higher than the predicted $742 million. Operating margins improved to 23.9% from 17.4% last year. Advertising revenue grew by 14% yearly, while affiliate fees remained constant. The stock rose by 4.3% to $65.64 post-report. Foxs five-year revenue growth averaged 5.4% annually, but picked up to 7.9% in the last two years. Analysts predict a 5.5% revenue growth and 11% earnings per share growth in the next twelve months. Foxs resilience is evident, but long-term growth and valuation will determine its investment potential. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/63af423c9bab30a4