FOX (FOX) Projected to Post Earnings on Monday

Key Points

• FOX is set to report Q3 2026 results before the market opens on Monday, May 11, with analysts forecasting about $0.988 EPS and $3.78 billion in revenue and a conference call scheduled for 8:30 AM ET.
• Major insider selling: CEO Lachlan K. Murdoch sold 637,752 shares for roughly $37.1 million (leaving him with 152 shares), and insiders disposed of about 1.586 million shares worth ~$91.9 million in the last quarter while still owning 23.06% of the stock.
• In the prior quarter FOX beat estimates with $0.82 EPS (vs. $0.51 expected) on $5.18 billion revenue; Wall Street consensus is a "Hold" rating with an average price target of $75 and analysts projecting roughly $5 EPS for the current and next fiscal year.

FOX (NASDAQ:FOX - Get Free Report) is expected to release its Q3 2026 results before the market opens on Monday, May 11th. Analysts expect FOX to post earnings of $0.9880 per share and revenue of $3.7801 billion for the quarter. Interested persons can find conference call details on the company's upcoming Q3 2026 earning report page for the latest details on the call scheduled for Monday, May 11, 2026 at 8:30 AM ET.

FOX (NASDAQ:FOX - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.31. FOX had a return on equity of 18.14% and a net margin of 11.41%.The firm had revenue of $5.18 billion during the quarter, compared to analysts' expectations of $5.06 billion. On average, analysts expect FOX to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

FOX Trading Down 0.9%

FOX traded down $0.53 during trading hours on Monday, reaching $56.40. 102,243 shares of the company's stock traded hands, compared to its average volume of 1,635,370. The firm has a 50-day moving average price of $54.03 and a 200 day moving average price of $58.15. FOX has a 52-week low of $44.35 and a 52-week high of $68.18. The company has a quick ratio of 2.44, a current ratio of 2.78 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $23.99 billion, a PE ratio of 13.58, a PEG ratio of 6.97 and a beta of 0.54.

FOX Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were issued a $0.28 dividend. The ex-dividend date was Wednesday, March 4th. FOX's dividend payout ratio is currently 13.46%.

Insider Transactions at FOX

In other news, CEO Lachlan K. Murdoch sold 637,752 shares of FOX stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $58.20, for a total transaction of $37,117,166.40. Following the sale, the chief executive officer owned 152 shares in the company, valued at approximately $8,846.40. The trade was a 99.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO John Nallen sold 216,806 shares of FOX stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $57.68, for a total value of $12,505,370.08. Following the sale, the chief operating officer owned 362,206 shares in the company, valued at $20,892,042.08. This trade represents a 37.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,586,871 shares of company stock worth $91,893,926 in the last quarter. Insiders own 23.06% of the company's stock.

Institutional Trading of FOX

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. increased its position in shares of FOX by 7.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 27,835 shares of the company's stock worth $1,807,000 after purchasing an additional 2,010 shares in the last quarter. Advisory Services Network LLC increased its position in shares of FOX by 964.5% during the fourth quarter. Advisory Services Network LLC now owns 4,471 shares of the company's stock worth $290,000 after purchasing an additional 4,051 shares in the last quarter. California State Teachers Retirement System increased its position in shares of FOX by 4.3% during the fourth quarter. California State Teachers Retirement System now owns 182,689 shares of the company's stock worth $11,862,000 after purchasing an additional 7,515 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of FOX during the fourth quarter worth about $419,000. Finally, New York State Common Retirement Fund increased its position in FOX by 2.5% in the 4th quarter. New York State Common Retirement Fund now owns 74,043 shares of the company's stock valued at $4,808,000 after acquiring an additional 1,800 shares during the period. Institutional investors and hedge funds own 26.41% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on FOX shares. Wells Fargo & Company cut FOX from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 5th. Bank of America reiterated an "underperform" rating and issued a $45.00 target price (down from $80.00) on shares of FOX in a report on Wednesday, February 25th. Finally, Zacks Research cut FOX from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 5th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, FOX has a consensus rating of "Hold" and an average price target of $75.00.

Key Headlines Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Escalation in Middle East coverage and US military activity is producing high-interest news cycles that typically boost cable news ratings and ad revenue potential for Fox News. (Trump’s “Project Freedom” to escort ships through the Strait of Hormuz.) Trump announces ‘Project Freedom’ to escort neutral ships out of the Strait of Hormuz
• Positive Sentiment: CENTCOM reporting that a US blockade halted ~$6B of Iranian oil is a major geopolitical headline likely to sustain viewer engagement and prime-time ratings. CENTCOM: US blockade of Strait of Hormuz halts $6B in Iranian oil
• Positive Sentiment: Ongoing coverage of the Trump-related security story (assassination attempt aftermath, letters to Congress, debate over congressional approval for Iran operations) is keeping political audiences engaged — a ratings tailwind for the network. Latest Trump assassination attempt exposes ‘educated assassins’ moral crisis, university president says
• Neutral Sentiment: Sports and entertainment pieces (e.g., Christian Gonzalez on Mike Vrabel, Texas Tech gambling saga, Kentucky Derby coverage) drive incremental traffic but are less likely to move the stock materially today. Christian Gonzalez backs Mike Vrabel over Dianna Russini controversy: 'I ride behind Vrabes any time'
• Neutral Sentiment: Human-interest and local news (e.g., search for missing service members, measles exposure reports) keep site traffic steady but aren’t major revenue drivers. Search underway for 2 US service members missing in Morocco
• Negative Sentiment: On-air controversies and host scrutiny (e.g., pieces highlighting scrutiny of Fox personalities and contentious commentary) could raise short-term advertiser sensitivity and regulatory/reputational risk. Hegseth faces scrutiny over $1.5T defense budget as Iran conflict intensifies
• Negative Sentiment: Provocative segments or host remarks (example: commentary suggesting applause for criminal acts) can trigger advertiser pullback headlines that pressure sentiment if they escalate. Jeanine Pirro: There are people 'applauding' the WHCA Dinner suspect

About FOX

Fox Corporation NASDAQ: FOX is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX's core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.

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