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Fox Corp. reports Q3 adjusted EPS $1.10, consensus 90c

Reports Q3 revenue $4.37B, consensus $4.17B. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: “Our strong fiscal third quarter underscored the central role FOX plays in informing and entertaining America, and our financial performance, highlighted by record free cash flow, once again illustrates the strength of the FOX platform. Whether it is our market leading coverage of a sustained, active news cycle or our broadcast of a record-breaking Super Bowl, we deliver for our audiences, advertisers and distribution partners. We are confident that our best-in-class assets, deliberate strategy and robust balance sheet position us strongly to drive long-term value for our shareholders.”

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