Less Than Two Hours Before The NASDAQ Open, Fox Corporation Is Down By 4%

(VIANEWS) – The NASDAQ opens in less than two hours and Fox Corporation‘s pre-market value is already 4.54% down.

Fox Corporation’s last close was $31.48, 15.51% below its 52-week high of $37.26.

The last session, NASDAQ finished with Fox Corporation (FOXA) jumping 0.25% to $31.48. NASDAQ jumped 0.32% to $13,017.43, after three successive sessions in a row of gains, on what was a somewhat positive trend exchanging session.

About Fox Corporation

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional and virtual multi-channel video programming distributors (MVPDs) and other digital platforms, primarily in the U.S. It operates FOX News, a national cable news channel; FOX Business, a business news national cable channel; FS1 and FS2 multi-sport national networks; FOX Sports Racing, a video programming service that comprises motor sports programming; FOX Soccer Plus, a video programming network for live soccer and rugby competitions; FOX Deportes, a Spanish-language sports programming service; and Big Ten Network, a national video programming service. The Television segment acquires, produces, markets, and distributes programming. It operates The FOX Network, a national television broadcast network that broadcasts sports programming and entertainment; Tubi, an advertising-supported video-on-demand service; Fox Alternative Entertainment, a full-service production studio that develops and produces unscripted and alternative programming; MyNetworkTV, a programming distribution service; and Blockchain Creative Labs, which is focuses on the creation, distribution and monetization of Web3 content. This segment owns and operates 29 broadcast television stations. The Other, Corporate and Eliminations segment owns the FOX Studios Lot that provides production and post-production services, including 15 sound stages, two broadcast studios, theaters and screening rooms, editing rooms, and other television and film production facilities in Los Angeles, California. The company was incorporated in 2018 and is based in New York, New York.

Earnings Per Share

As for profitability, Fox Corporation has a trailing twelve months EPS of $2.16.

PE Ratio

Fox Corporation has a trailing twelve months price to earnings ratio of 14.57. Meaning, the purchaser of the share is investing $14.57 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.91%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 4.1% and a negative 7.4%, respectively.

More news about Fox Corporation (FOXA).

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