Flutter Entertainment beats Q3 earnings estimate despite sports results impact
Fox Corp Class A stock reached a remarkable milestone, hitting an all-time high of 66.57 USD. This achievement underscores a significant upward trend, with the stock experiencing a notable 48.92% increase over the past year. The company’s strong performance reflects investor confidence and market optimism, driving the stock to new heights. This surge can be attributed to a combination of strategic business decisions and favorable market conditions, positioning Fox Corp Class A as a standout performer in the industry. InvestingPro analysis reveals that Fox boasts a perfect Piotroski Score of 9, indicating exceptional financial strength, though the stock appears slightly overvalued compared to its Fair Value. Investors seeking deeper insights can access Fox’s comprehensive Pro Research Report, one of 1,400+ available for top US equities, which transforms complex data into actionable intelligence for smarter investment decisions.
In other recent news, FOX Corporation reported impressive fiscal first-quarter results for 2026, significantly surpassing expectations. The company achieved an adjusted earnings per share (EPS) of $1.51, exceeding consensus estimates by $0.41. Revenue for the quarter reached $3.74 billion, marking a 5% increase year-over-year and a notable revenue surprise compared to the anticipated $3.57 billion. The strong performance led CFRA to raise its price target for FOX to $73, maintaining a Buy rating. UBS also increased its price target to $76, highlighting the strength of FOX’s advertising revenue, which grew by 6% despite challenging market conditions. FOX’s management described the current advertising market as exceptionally robust, contributing to a 3% year-over-year growth in total distribution. These developments reflect the company’s solid financial health and market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.