Fox Corp Class A
FOXA: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &@Q | LOCK|$$y | LOCK|R!!yPN#< |
Fox Earnings: Continuing to Buck Television Industry Trend With Sales Growth and Viewership Momentum
Fox's fiscal third-quarter revenue unsurprisingly spiked due to Super Bowl advertising, but beneath the surface, sales trends remained remarkably strong. Higher carriage rates are more than offsetting fewer pay-TV subscribers, and strong viewership on the firm's networks is supporting advertising.
