Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

21st Century Fox Inc edge lower premarket after better than expected first quarter results

Proactive Investors Thursday, 9 November 2017 ()
Media giant, Twenty-first Century Fox Inc (NYSE:FOXA) saw its edge lower in premarket trade after it released better than expected first quarter results. Its adjusted earnings from continuing operations came in at 49 US cents, beating market consensus for 48 US cents. READ: 21st Century Fox in talks with Walt Disney to sell most of the business - report Earnings however fell by 4% year-on-year. Including one-time items, earnings came in at 45 US cents a share compared with 44 US cents a year ago. Top line rose 7.6% year-on-year to US$7.0bn, and also beat market consensus for $6.868bn, largely due to the robust affiliate revenues at the Cable Network Programming and Television segments, as well as content revenues at the Filmed Entertainment segment. Cable Network Programming saw its revenues rise 10.1% to US$4.196bn, boosted by affiliate as well as advertising revenue growth, offsetting the 11% hike in costs. READ: Twenty-First Century Fox counting the cost of USA's World Cup elimination Film Entertainment also saw revenues rise, up 2.9% to US$1.963bn while the Television division saw net revenues grow by 2.6% to US$1.065bn. In premarket, its shares were down 2.10% at US$27.50.
Share on
Share on
Post on 
Share by
Source: Wochit Business - < > Embed
News video: Verizon, Comcast Approach Twenty-First Century Fox To Buy Assets

Verizon, Comcast Approach Twenty-First Century Fox To Buy Assets 00:31

Comcast and Verizon Communications have both reportedly approached Twenty-First Century Fox with interest in buying Fox assets that were the subject of recent talks between Fox and Walt Disney. It was also reported last week that Disney was in talks to buy Fox’s movie and TV production studios,...

You Might Like

Recent related news

Fox shareholders reject proposal to abandon dual-class shares

(Reuters) - A shareholder proposal calling for Twenty-First Century Fox Inc to do away with its dual-class share structure was rejected on Wednesday, based on...
Reuters - Front PageAlso reported by •TVNewsCheck

United Natural Foods to Release Fiscal 2018 First Quarter Results on December 7, 2017

PROVIDENCE, R.I.--(BUSINESS WIRE)--United Natural Foods, Inc. (Nasdaq: UNFI) (the “Company”) announced today that it will release its financial results for...
Business Wire - Press Releases

Target dips in premarket after warning of not-so-rosy holiday sales despite market beating third quarter

Target Corp. (NYSE:TGT) saw its shares slip lower in premarket trade after warning of “highly competitive” holiday sales, despite posting market-beating...
Proactive Investors - Business

Sangui BioTech International Inc.: Sales of USD 16,636 in the first quarter; Costs and loss is further reduced

DGAP-News: Sangui BioTech International Inc. / Key word(s): Quarter Results 21.11.2017 / 11:06 The issuer is solely responsible for the content of this...
EQS Group - Press Releases

Now Comcast and Verizon considering buying Fox

A couple more media conglomerates are sniffing around Twenty-First Century Fox Inc. On the heels of news that The Walt Disney Co. (NYSE: DIS) had been in talks...
bizjournals - BusinessAlso reported by •Reuters

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Twenty-First Century Fox, Inc. – FOXA

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Twenty-First Century Fox, Inc. – FOXA
NEW YORK--(BUSINESS WIRE)--#foxa--Rosen Law Firm Investigating Potential Securities Claims Against Twenty-First Century Fox, Inc. - FOXA
Business Wire - Press ReleasesAlso reported by •Reuters

Williams-Sonoma and Caesars dip while Ross and Fox jump

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday: Ross Stores Inc., up $6.56 to $72.25 The discount retailer raised its forecast for...
SeattlePI.com - Business

Other recent news in Business

TENCENT chief 'richer than Google founders'93-year-old Zimbabwe President Robert MUGABE resigned after a military takeover — here's what you need to know about the world's longest-serving leader
How FACEBOOK's plan to attack TV is taking shape (FB, NFLX, GOOG)EASYJET plans Brexit shake-up that could force UK holders to ditch shares
Future Group plans expansion using GOOGLE, Facebook techFCC Chairman Announces Plan To Repeal NET NEUTRALITY Rules
Heartland wary of global market volatility in affirming annual EARNINGS forecastThere's a cheap way for traders to protect against TAX REFORM failure
Zimbabwean share values plummet £5bn over ROBERT MUGABE's leadership crisisZIMBABWE's Mugabe resigns, ending four decades of rule



Proactiveinvestors 21st Century Fox Inc edge lower premarket after better than expected first quarter results https://t.co/AnWYxNRwiu 1 week ago

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+