For the quarter ended June 2026, Fox (FOXA) reported revenue of $4.21 billion, up 28.1% over the same period last year. EPS came in at $1.79, compared to $1.27 in the year-ago quarter.

The reported revenue represents a surprise of +17.01% over the Zacks Consensus Estimate of $3.6 billion. With the consensus EPS estimate being $1.34, the EPS surprise was +33.58%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Fox performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues by Component- Distribution: $2.03 billion compared to the $1.94 billion average estimate based on three analysts. The reported number represents a change of +6.6% year over year.
  • Revenues by Component- Content and other: $262 million versus $293.74 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -13% change.
  • Segment Revenues- Corporate and Other: $161 million compared to the $47.38 million average estimate based on three analysts. The reported number represents a change of +155.6% year over year.
  • Segment Revenues- Television: $2.48 billion versus the three-analyst average estimate of $1.92 billion. The reported number represents a year-over-year change of +45.4%.
  • Segment Revenues- Cable Network Programming: $1.67 billion versus $1.61 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +9% change.
  • Revenues by Component- Advertising: $1.92 billion versus $1.34 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +77.7% change.
  • Revenues- Television- Content and other: $191 million versus the two-analyst average estimate of $171 million. The reported number represents a year-over-year change of +14.4%.
  • Revenues- Television- Distribution: $836 million versus $830.19 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.5% change.
  • Revenues- Television- Advertising: $1.46 billion compared to the $874.97 million average estimate based on two analysts. The reported number represents a change of +107.9% year over year.
  • Revenues- Cable Network Programming- Content and other: $33 million compared to the $73.62 million average estimate based on two analysts. The reported number represents a change of -61.6% year over year.
  • Revenues- Cable Network Programming- Distribution: $1.18 billion versus $1.12 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.1% change.
  • Revenues- Cable Network Programming- Advertising: $461 million versus the two-analyst average estimate of $397.2 million. The reported number represents a year-over-year change of +22%.

View all Key Company Metrics for Fox here>>>

Shares of Fox have returned +9.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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