Fox Corp Q1 2024 Earnings Call Summary - Thomson StreetEvents

Fox Corp Q1 2024 Earnings Call Summary

Fox Corp Q1 2024 Earnings Call Summary - Thomson StreetEvents
Fox Corp Q1 2024 Earnings Call Summary
Published Nov 02, 2023
10 pages (5622 words) — Published Nov 02, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of FOXA.OQ earnings conference call or presentation 2-Nov-23 12:00pm GMT

  
Brief Excerpt:

...A. Financially, we are now comparing against the fiscal '23 cycle of events that delivered then record revenues and EBITDA. B. Despite this comparison, we posted total revenues this year slightly ahead of last year's record. C. On the affiliate side, we reported 2% total affiliate growth, led by 8% growth of the TV segment in the quarter. D. Advertising revenues in the quarter decreased by around 2%, principally due to a comparative quarter last year that was much heavier in political ad revenues at our local TV stations. E. With total viewing of FOX brands up 2% in the quarter. F. From summer to fall, our lineup is bolstered by our football packages led by the NFL on FOX, we are averaging over 17 million viewers Tubi gained. G. Based on the strength of our remaining schedule, especially from Thanksgiving to Christmas, we expect that engagement to improve significantly. H. In College Football, interest is reaching new highs Fox's big new Saturday is progressing to a third straight year...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Fox Corp
Ticker
FOXA.OQ
Time
12:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Fox Corp Q1 2024 Earnings Call Summary" Nov 02, 2023. Alacra Store. May 18, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Fox-Corp-Earnings-Call-B15771621>
  
APA:
Thomson StreetEvents. (2023). Fox Corp Q1 2024 Earnings Call Summary Nov 02, 2023. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Fox-Corp-Earnings-Call-B15771621>
  
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