Fox Inc (NASDAQ:FOX) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.42 on revenue of $8.5B. Analysts polled by expected EPS of $0.33 on revenue of $8.52B. That compared to EPS of $0.42 on revenue of $8.04B in the same period a year earlier. The company had reported EPS of $0.52 on revenue of $7.18B in the previous quarter.
Fox Inc follows other major Services sector earnings this month
On January 30, Alibaba reported third quarter EPS of $12.19 on revenue of $117.28B, compared to forecasts of EPS of $10.72 on revenue of $79,858M.
Visa earnings beat analyst's expectations on January 30, with first quarter EPS of $1.3 on revenue of $5.51B. analysts expected EPS of $1.25 on revenue of $5.41B
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