Fox Corp quarterly results beat estimates on higher political ad spending-March 2024-www.financetom.com

Fox Corp quarterly results beat estimates on higher political ad spending

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Fox Corp quarterly results beat estimates on higher political ad spending

Feb 4, 2025 5:34 AM

Feb 4 (Reuters) - Fox Corp ( FOXA ) surpassed quarterly

revenue and profit expectations on Tuesday, driven by higher

political advertising on its news network and an uptick in

commercials on its Tubi streaming service.

Revenue for the second quarter stood at $5.08 billion,

beating estimates of $4.85 billion, according to data compiled

by LSEG.

(Reporting by Rishi Kant in Bengaluru; Editing by Devika

Syamnath)

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