Several analysts from Wall Street have predicted that the stocks of FOXA would be reporting an EPS of $0.57 for the quarter. According to a report, eight investment analysts have already provided estimates into the earnings of the company, with the highest EPS coming in at a range of $0.80, and the lowest putting in at $0.48. The EPS reported by the company during the previous year was $0.62- which did see a negative growth rate of about 8.1%. The company will be putting up its next quarterly earnings on the 3rd of August.
The Quarterly Reports Of FOXA
The stocks of FOXA previously announced their quarterly data on the 5th of May. The EPS reported by the company was $0.88, with the consensus estimate coming in at $0.58. The return on equity was 15.91%, with the net margin set at 16.23%. The revenue for the company was $3.22 billion, with the consensus estimate set at $3.12 billion.
There have been quite a few research equities that have commented on the stocks of FOXA. Barclays has already increased the price target of the company from $29 to $38 in a 29th March research report. The Street has already lowered the rating of the company from b- to c+ in a 21st April research report.
Deutsche Bank has also increased the price target of the company from $35 to $44 with a rating of buy in a 6th May research report. Morgan Stanley has increased the price target of the company from $36 to $45 with a rating of overweight in a 27th April research report. In the end, Moffett Nathanson increased the price target of the company from $40 to $50 in a 25th March research report.
One of the investment analysts covering the firm has given it a rating of sell, while seven others have provided it with a rating of hold. Almost six others have provided the company with a rating of buy. Currently, FOXA has a hold rating with a $37.38 price target.