FOX Corporation shares were up by 2.5% in early afternoon trading on Wednesday after the company offered up a fiscal Q3 2024 earnings report reflecting revenue that came in slightly higher than estimates as the company’s net income soared.
That achievement was met despite poor comps on ad revenue due to the absence of a Super Bowl telecast in 2024. The results led a MoffettNathanson analyst to offer a glowing report signaling its support of the company’s current leadership and profit-generation plan.
