As the Cinco de Mayo Closing Bell rang on Wall Street, Fox Corporation released its fiscal third quarter financial results.
With comparable data to fiscal Q3 2020 difficult, as Fox today isn’t the same company as it was at the start of last year, net income attributable to shareholders came in at $567 million ($0.96 per share). This is up from $78 million ($0.13 per share).
On an adjusted basis, net income dipped to $523 million ($0.88), from $568 million ($0.93), namely due to the absence of a Super Bowl telecast.
What was the contribution of the Fox Television Stations to the mix?