Stock Track | Fox Corporation Class A Soars 6.73% in Pre-Market on Better-Than-Expected Q2 Earnings

Stock Track

Feb 04

Fox Corporation Class A (FOXA) shares surged 6.73% in pre-market trading Wednesday, following the release of the company's fiscal second quarter 2026 financial results.

The significant upward movement comes after Fox reported quarterly revenue of $5.18 billion, beating analyst consensus estimates of approximately $5.06 billion. The company also reported adjusted earnings per share of $0.82, substantially exceeding expectations of around $0.50. The revenue beat was driven by strong advertising demand at Fox's news and sports networks, with the cable network programming segment recording 5% revenue growth. Additionally, the ad-supported streaming service Tubi delivered its most streamed quarter of all time, contributing to overall advertising revenue growth of 1%.

Further positive sentiment stemmed from management commentary during the earnings conference call, where Fox's CEO highlighted record-breaking advertising revenue for Major League Baseball postseason games and expressed optimism about growth opportunities in prediction markets. The company's Fox One service also continues to exceed expectations through direct sign-ups and partnerships.

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The company also reported adjusted earnings per share of $0.82, substantially exceeding expectations of around $0.50. The revenue beat was driven by strong advertising demand at Fox's news and sports networks, with the cable network programming segment recording 5% revenue growth. Additionally, the ad-supported streaming service Tubi delivered its most streamed quarter of all time, contributing to overall advertising revenue growth of 1%.</p><p>Further positive sentiment stemmed from management commentary during the earnings conference call, where Fox's CEO highlighted record-breaking advertising revenue for Major League Baseball postseason games and expressed optimism about growth opportunities in prediction markets. The company's Fox One service also continues to exceed expectations through direct sign-ups and partnerships.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FOXA","symbol_name":"福克斯-A","start_time":0,"source_url":"","article_id":"1168191944","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1168191944","pubTimestamp":1770215926,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Fox Corporation Class A (FOXA) shares surged 6.73% in pre-market trading Wednesday, following the release of the company's fiscal second quarter 2026 financial results.The significant upward movement...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FOXA":"福克斯-A"},"translate_title":"个股追踪|Fox Corporation A类股盘前大涨6.73%Q2盈利好于预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FOXA":1},"content_text":"Fox Corporation Class A (FOXA) shares surged 6.73% in pre-market trading Wednesday, following the release of the company's fiscal second quarter 2026 financial results.The significant upward movement comes after Fox reported quarterly revenue of $5.18 billion, beating analyst consensus estimates of approximately $5.06 billion. 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