Fox: Fiscal Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Fox Corp. (FOXA) on Monday reported fiscal first-quarter earnings of $943 million.

The New York-based company said it had net income of $2.20 per share. Earnings, adjusted for one-time gains and costs, came to $2.54 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.

The TV broadcasting company posted revenue of $4.57 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $4.23 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOXA at https://www.zacks.com/ap/FOXA