Fox Earnings Beat Expectations

READ ON: Deadline
Twenty-first Century Fox exceeded Wall Street’s expectations in its second quarter
earnings. Fox reported revenue of $8.04 billion for the quarter, ahead of analyst estimates of $7.94 billion. The media giant reported an adjusted per share earnings of 42 cents a share, exceeding analyst forecasts of 38 cents a share. The company said total revenues rose 5% from a year ago, thanks to higher affiliate, syndication and advertising revenue. The cable group reported an…