Fox Corporation reported its fiscal fourth-quarter adjusted earnings of 74 cents, which fell short of the Zacks Consensus Estimate by 6.3%. The figure is +13.8% higher year over year.
Revenues rose +4.9% year over year to $3.03 billion, but missed the Zacks consensus estimate by 0.8%.
The company’s Affiliate fees (56.9% of revenues) increased +3.7% to $1.72 billion. Revenues from Advertising (34.8% of revenues) rose +7.4% to $1.05 billion. Other revenues (8.3% of revenues) were +3.7% higher from the year-ago quarter’s levels to $252 million.