21st Century Fox: beats consensus in Q4
(CercleFinance.com) - 21st Century Fox has reported Q4 earnings from continuing operations that is up 85% at 925 million dollars, or 50 cents per share.
Adjusted EPS rose 58% to 57 cents, 3 cents above the consensus.
At 7.94 billion dollars, the media and entertainment group's revenues rose by 18%, with double-digit growth in all segments, driven by higher content revenues in the cinema segment.
Top management said that the group is confident that the path it is following for its iconic businesses will support sustainable and growing value for the group's shareholders.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Adjusted EPS rose 58% to 57 cents, 3 cents above the consensus.
At 7.94 billion dollars, the media and entertainment group's revenues rose by 18%, with double-digit growth in all segments, driven by higher content revenues in the cinema segment.
Top management said that the group is confident that the path it is following for its iconic businesses will support sustainable and growing value for the group's shareholders.
Copyright (c) 2018 CercleFinance.com. All rights reserved.