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Mar 31, 2021
Fox Q3 2021 Earnings Report
Fox's financial performance was reported for Q3 2021, with net income of $582 million and EPS of $0.96.
Key Takeaways
Fox Corporation reported Q3 fiscal year 2021 results, which included a net income of $582 million and earnings per share of $0.96. Total revenues were $3.22 billion. The absence of Super Bowl LIV broadcast impacted advertising revenues, while affiliate revenues saw growth.
Fox reported a net income of $582 million, compared to $90 million in the prior year quarter.
Earnings per share were $0.96, up from $0.13 in the prior year quarter.
Total quarterly revenues reached $3.22 billion, slightly lower than the $3.44 billion in the prior year quarter.
Affiliate revenues increased by 10%, driven by growth in both the Television and Cable Network Programming segments.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements based on management's current expectations and beliefs, which are subject to uncertainty and changes in circumstances. Actual results may vary materially due to various factors, including economic, business, competitive, technological, strategic, and/or regulatory factors, as well as the impact of COVID-19.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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