What is Seaport Res Ptn’s Estimate for FOX FY2025 Earnings?

Fox Corporation (NASDAQ:FOX) – Investment analysts at Seaport Res Ptn reduced their FY2025 earnings per share (EPS) estimates for shares of FOX in a report released on Tuesday, June 24th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of $4.62 per share for the year, down from their prior forecast of $4.64. The consensus estimate for FOX’s current full-year earnings is $4.25 per share. Seaport Res Ptn also issued estimates for FOX’s Q4 2025 earnings at $1.12 EPS.

FOX Trading Up 1.6%

Shares of NASDAQ:FOX opened at $52.21 on Thursday. FOX has a 12-month low of $31.55 and a 12-month high of $55.00. The business’s fifty day simple moving average is $49.04 and its 200-day simple moving average is $48.65. The company has a market capitalization of $23.47 billion, a PE ratio of 12.99, a P/E/G ratio of 1.12 and a beta of 0.56. The company has a current ratio of 2.45, a quick ratio of 2.33 and a debt-to-equity ratio of 0.57.

FOX (NASDAQ:FOX) last announced its quarterly earnings results on Monday, May 12th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.14. FOX had a return on equity of 17.99% and a net margin of 11.58%. The business had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.19 billion.

Insiders Place Their Bets

In related news, CFO Steven Tomsic sold 5,607 shares of the company’s stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $55.37, for a total value of $310,459.59. Following the completion of the transaction, the chief financial officer now owns 133,923 shares of the company’s stock, valued at approximately $7,415,316.51. This represents a 4.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 23.06% of the stock is currently owned by insiders.

Hedge Funds Weigh In On FOX

A number of large investors have recently bought and sold shares of FOX. Principal Securities Inc. raised its holdings in FOX by 51.5% in the 4th quarter. Principal Securities Inc. now owns 1,065 shares of the company’s stock worth $49,000 after purchasing an additional 362 shares during the period. Principal Financial Group Inc. raised its holdings in FOX by 7.6% in the 4th quarter. Principal Financial Group Inc. now owns 182,205 shares of the company’s stock worth $8,334,000 after purchasing an additional 12,864 shares during the period. Ieq Capital LLC acquired a new position in FOX in the 4th quarter worth about $211,000. Handelsbanken Fonder AB acquired a new position in FOX in the 4th quarter worth about $1,070,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in FOX by 43.8% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 77,186 shares of the company’s stock worth $3,530,000 after purchasing an additional 23,500 shares during the period. Institutional investors and hedge funds own 26.41% of the company’s stock.

About FOX

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.