New York-based Fox Corporation (FOXA) operates as a news, sports, and entertainment company in the United States. Valued at a market cap of $26.2 billion, the company operates in four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot, and broadcasts through channels such as FOX News, FOX Sports, the FOX Network, FS1, FS2, Fox Deportes, and more. FOXA is expected to release its Q1 2027 earnings on Monday, November 2, before the market opens.
Ahead of the event, analysts expect the company’s EPS to be $1.94 on a diluted basis, up 28.5% from $1.51 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters, which is impressive.
For fiscal 2027, analysts project the company’s EPS to be $5.94, up 9.6% from $5.42 in fiscal 2026. However, its EPS is expected to fall by roughly 2.7% year over year (YoY) to $5.78 in fiscal 2028.
FOXA’s stock has grown 7.6% over the past 52 weeks, underperforming the S&P 500 Index’s ($SPX) 17.3% rise but rallying the State Street Communication Services Select Sector SPDR ETF’s (XLC) 2.1% fall during the same time frame.
On Aug. 6, FOXA stock rose 5.3% following the release of its better-than-expected Q4 2026 earnings. The company’s revenue for the quarter rose 28% from the prior year’s quarter to $4.2 billion, driven by a rise in its distribution revenue from growth in the Cable Network Programming segment, as well as growth in its advertising revenue due to the hugely popular broadcast of the FIFA Men's World Cup and Tubi AVOD service. Moreover, its adjusted EPS for the quarter amounted to $1.79, also topping the Street’s forecasts.
Analysts are somewhat bullish on FOXA, with the stock having a “Moderate Buy” rating overall. Among the 20 analysts covering the stock, 10 are recommending a “Strong Buy,” one suggests a “Moderate Buy,” eight suggest a “Hold,” and one suggests a “Moderate Sell” for the stock. FOXA’s average analyst price target is $75.47, indicating an upside of 22.2% from the current levels.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.