Fox Corporation, trading as NASDAQ:FOXA, is a prominent player in the Broadcast Radio and Television industry. The company is known for its diverse media assets, including the Fox broadcast network, local stations, and the free streaming platform Tubi. Fox competes with other media giants in delivering content across various platforms, focusing on both traditional and digital media.
On October 30, 2025, Fox reported earnings per share of $1.51, surpassing the estimated $1.10. This performance marks a significant improvement from the $1.45 per share reported in the same quarter last year. The earnings surprise was a substantial 42.45%, highlighting Fox's ability to exceed market expectations consistently. In the previous quarter, Fox also outperformed with earnings of $1.27 per share against an anticipated $1.01, reflecting a 25.74% surprise.
Fox's revenue for the quarter ending September 2025 reached approximately $3.74 billion, exceeding the estimated $3.57 billion. This represents a 4.66% increase over the Zacks Consensus Estimate and an improvement from the $3.56 billion recorded in the same period the previous year. Over the past four quarters, Fox has consistently outperformed consensus estimates for both earnings and revenue, showcasing its robust performance in the industry.
The company's strong financial results are driven by robust advertising sales, particularly in its Television unit and Cable Network Programming division. Advertising revenue in the Television unit increased by 6% to $1.07 billion, while the Cable Network Programming division saw a 7% rise in ad revenue, reaching $345 million. Additionally, Fox's free streaming platform, Tubi, has become a significant revenue stream, attracting advertisers and viewers alike.
Fox Corporation's financial metrics provide further insight into its market position. The company has a price-to-earnings (P/E) ratio of approximately 14.36, indicating the market's valuation of its earnings. The price-to-sales ratio stands at about 1.77, while the enterprise value to sales ratio is around 1.90. Fox's earnings yield is about 6.97%, and its debt-to-equity ratio is approximately 0.54, showing a moderate level of debt relative to equity. The current ratio is about 3.24, indicating strong liquidity.
