FOX $FOXA Q4’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $4.21B (Est. $3.64B) 🟢; +28% YoY
🔹 Adj. EPS: $1.79 (Est. $1.42) 🟢; +41% YoY
🔹 Adjusted EBITDA: $1.20B (Est. $1.01B) 🟢; +27% YoY
Segment Net Revenue:
🔹 Cable Network Programming: $1.67B; +9% YoY
🔹 Television: $2.48B; +45% YoY
Other Q4 Metrics:
🔹 Net Income: $696M (Est. $571M) 🟢
🔹 Distribution Revenue: $2.0B
🔹 Advertising Revenue: $1.92B
Capital Return:
🔹 Dividend: $0.29/share
🔹 Buybacks: ~$50M Class A; ~$50M Class B
🔹 Remaining Authorization: $3.4B
Key Updates:
🔹 Announced the acquisition of Roku
🔹 Launched FOX One direct-to-consumer streaming service
Comments:
🔸 “announced the acquisition of Roku which will transform the scope and growth profile of our company.”
🔸 “With strong momentum across our portfolio, we enter fiscal 2027 exceptionally well positioned to drive sustained growth and long-term shareholder value.”