Fox Corp. reports Q1 adjusted EPS $1.51, consensus $1.10

Reports Q1 revenue $3.74B, consensus $3.57B. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: “Coming off a record Fiscal 2025, our strong operating momentum has carried through the first quarter of Fiscal 2026. We are delivering for audiences with continued engagement growth across the portfolio which underpins the robust advertising demand we are seeing across sports, news, entertainment and Tubi. The quality of our assets and their consistent capacity to deliver financially gives me great confidence in the positive outlook for FOX. This morning’s announcement to leverage the strength of our balance sheet with a $1.5 billion accelerated share repurchase transaction clearly underscores this confidence along with our commitment to creating value for our shareholders.”