Fox Corp Class B
FOX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cC@ | LOCK|<Zs | LOCK|%h&<$hc% |
Fox Earnings: Amazing Results Within a Favorable Perfect Storm That Won't Oft Be Repeated
Fox reported a parade of positives in its fiscal first quarter, with the World Cup, political advertising, and football driving sales up 22% year over year, consisting of 47% growth in advertising and 9% growth in distribution. The adjusted EBITDA margin expanded nearly 750 basis points.
