에 대한 최신 뉴스 Fox (NASDAQ:FOXA) 주식

Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV bundle. The Murdoch family controls Fox.

Social Media

Politics

CMCSA

FOXA

무소속 대선 후보 로버트 F. 케네디가 제3자 후보로는 보기 드문 두 자릿수 투표를 받고 있지만, 11월에 열릴 대선에서 조 바이든 대통령 및 도널드 트럼프 전 대통령과 경쟁하려면 아직 해야 할 일이 많다. 화요일 일론 머스크의 X에 게시된 한 게시물에서 케네디는 현재 토론 일정에서 벗어나 이 플랫폼에서 대통령 토론을 제안했다.

RFK 주니어, 일론 머스크에게 X에서 대선 후보 토론 주최를 요청, 머스크는 1단어로 응답

Fox Corp

President-elect Donald Trump has spent the week following <a href="https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election">his election win</a> penciling in cabinet picks. His choice for Defense Secretary, Pete Hegseth, is raising eyebrows. 
The Pick: Hegseth was a co-host on Fox Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) &#8220;Fox &amp; Friends,&#8221; Trump&#8217;s favorite television show. 
The Minnesota native, an Iraq and Afghanistan War veteran, has never held a government position. Hegseth has been a strong supporter of Trump since 2016.
<a href="https://apnews.com/article/trump-hegseth-defense-secretary-pentagon-2d8030921ecef933778cf92afd40ec72">According</a> to the Associated Press, Trump encouraged his supporters to buy Hegseth's book in June and said that if he won the election, "The woke stuff will be gone within a period of 24 hours. I can tell you."
Hegseth supports removing women from combat roles in the military, <a href="https://www.independent.co.uk/news/world/americas/us-politics/pete-hegseth-defense-secretary-trump-women-military-b2646325.html">according</a> to The Independent. 
Why it Matters: Trump&#8217;s selection of Hegseth surprised many Wall Street observers, <a href="https://www.barrons.com/amp/articles/trump-defense-secretary-pete-hegseth-stocks-d9af9d58">according</a> to Barron&#8217;s. The television host was not on the radar of research analysts.
Trump announced plans Tuesday to appoint Elon Musk and Vivek Ramaswamy to form the <a href="https://www.benzinga.com/government/regulations/24/11/41931503/trump-forms-doge-with-elon-musk-and-vivek-ramaswamy-at-the-helm-will-it-impact-tesla-ceos-role-at-the-ev-giant-and-spacex">&#8220;Department of Government Efficiency,&#8221;</a> aimed to &#8220;cut wasteful expenditures.&#8221; 
The sprawling U.S. military complex, which now <a href="https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/">comprises</a> 13% of the federal budget at nearly $1 trillion, has been unable to pass an independent audit for the last six years, <a href="https://www.reuters.com/world/us/pentagon-fails-audit-sixth-year-row-2023-11-16/">according</a> to Reuters.
Wall Street is apparently not worried that Musk and Ramaswamy will gut military spending to federal contractors. The iShares US Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) has risen over 7% since Trump&#8217;s election win. General Dynamics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>), Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and Rtx Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) have posted gains in that period.
What&#8217;s Next: Several Democratic Party politicians <a href="https://x.com/SenWarren/status/1856502912551158049">including</a> Senator Elizabeth Warren voiced disapproval of Trump&#8217;s pick, citing Hegseth&#8217;s lack of experience. The &#8220;Fox &amp; Friends&#8221; anchor will face a confirmation hearing in the Senate following Trump&#8217;s inauguration.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently">Trump Appoints Elon Musk And Vivek Ramaswamy To Lead &#8216;DOGE,&#8217; Aiming to Slash Bureaucracy And $6.5 Trillion Federal Spending: &#8216;We Will Not Go Gently&#8217;</a></li>
</ul>
Photo courtesy of Wikimedia.

Government

News

iShares Dow Jones US Aerospace & Defense Index Fund

Trump's Surprise Defense Secretary Pick Pete Hegseth Jolts Wall Street

The Kansas City Chiefs are the only unbeaten NFL team remaining in the 2024 season and are the betting favorites to be the first team to win back-to-back-to-back Super Bowls <a href="https://www.benzinga.com/general/entertainment/24/02/37080383/three-peat-super-bowl-lix-odds-kansas-city-chiefs-back-to-back-to-back-payout">in NFL history.</a>
Here's a look at the current betting odds after the midway point of the 2024 NFL season and how it compares to the start of the season.
What Happened: The<a href="https://www.benzinga.com/topic/nfl"> National Football League</a> has wrapped 10 weeks of the 2024 season and with each team playing 17 games across 18 weeks, every team has now played at least nine of their 17 games in the season.
With teams all past the midway of their 17 games, here's a look at the current betting odds to win Super Bowl LIX from sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) and how the odds compare to back in February in parentheses after the Chiefs won their second straight Super Bowl.
<ul>
<li>Kansas City Chiefs, 9-0: +400 (+650, 2nd)</li>
<li>Detroit Lions, 8-1: +450 (+1,200, 5th)</li>
<li>Baltimore Ravens, 7-3: +600 (+900, 3rd)</li>
<li>Buffalo Bills, 8-2: +800 (+1,000, 4th)</li>
<li>Philadelphia Eagles, 7-2: +900 (+2,000, 8th)</li>
<li>San Francisco 49ers, 5-4: +1,000 (+550, 1st)</li>
<li>Minnesota Vikings, 7-2: +2,200 (Not in top 13)</li>
<li>Washington Commanders, 7-3: +2,500 (Not in top 13)</li>
<li>Pittsburgh Steelers, 7-2: +2,500 (Not in top 13)</li>
<li>Green Bay Packers, 6-3: +2,500 (+2,000, 9th)</li>
<li>Houston Texans, 6-4: +2,800 (+2,200, 11th)</li>
<li>Los Angeles Chargers, 6-3: +3,500 (+2,500, 13th)</li>
<li>Arizona Cardinals, 6-4: +4,000 (Not in top 13)</li>
<li>Cincinnati Bengals, 4-6: +4,500 (+1,300, 6th)</li>
<li>Atlanta Falcons, 6-4: +5,000 Not in top 13)</li>
</ul>
The list of the top 15 favorite teams includes five that were not among the top 13 favorites back in February. The 49ers, the betting favorites, fell to sixth with a 5-4 record. The Bengals, which had the sixth-best odds in February, fell to 14th and the only team with a losing record to be among the 15 favorites. The Lions and Eagles have moved up several places thanks to strong starts.
The 2024 NFL season could see a first-time Super Bowl winner and could even include a team that has never been to a Super Bowl. The Lions and Texans are two of the<a href="https://www.benzinga.com/general/sports-betting/24/09/40720484/which-4-teams-have-never-reached-the-super-bowl-betting-payouts-if-history-is-made-in-2024"> four teams that have never been </a>to a Super Bowl and both are among the 15 current favorites with the Lions ranked a narrow second behind the Chiefs.
The Bills, Vikings, Chargers, Cardinals, Bengals and Falcons have all been to a Super Bowl but never won, with the Bills and Vikings each having a 0-4 record in career Super Bowls.
Dropping out of the top 13 for odds were the Miami Dolphins (7th), Dallas Cowboys (10th) and New York Jets (12th), which have records of 3-6, 3-6 and 3-7, respectively.
Strong TV Ratings: The 2024 NFL season witnessed some big primetime television matchups and key rivalries that helped boost viewership.
Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), which hosts "Thursday Night Football," is seeing its best ratings with an average of 13 million viewers through week 9, up 4% year-over-year and ahead of averages of 11.86 million in the 2023 season and 9.58 million in the 2022 season, as reported by <a href="https://frontofficesports.com/nfl-tv-ratings-can-amazon-keep-up-record-tnf-pace/">FrontOfficeSports</a>.
Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) is averaging 18.65 million viewers for its Sunday games, the company's highest average through week 9 since 2016.
Of the 10 most-watched NFL games for the season, five were on FOX, three were on Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>)-owned CBS and two were on Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>)-owned NBC. The most-watched game to date is the Week 1 Chiefs vs. Ravens matchup on NBC with 29.2 million viewers, as <a href="https://www.nytimes.com/athletic/5902219/2024/11/08/chiefs-cowboys-tv-ratings-americas-team/">reported </a>by Action Network.
The Chiefs have been featured in six of the most-watched NFL games for the 2024 season.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/05/38625265/heres-how-much-a-super-bowl-lix-commercial-will-cost-how-fox-corporation-stock-could-benefi">Here&#8217;s How Much A Super Bowl LIX Commercial Will Cost, How Fox Corporation Stock Could Benefit</a></li>
</ul>
Photo: Shutterstock

Sports Betting

Sports

AMZN

DKNG

PARA

PARAA

Super Bowl LIX Betting Odds: Kansas City Chiefs Favorite To Three-Peat, Can Detroit Lions Spoil The Party?

Super Bowl LIX Betting Odds: Kansas City Chiefs Favorite To Three-Peat, Can Detroit Lions Spoil The Party, Make Team History?

The 2024 U.S. presidential election was one of the biggest events of the year, and it showed in the record-breaking livestream <a href="https://www.benzinga.com/news/24/11/41780976/chip-stocks-like-nvidia-broadcom-taiwan-semi-gain-after-trump-win-whats-going-on">viewership across platforms on election day</a>.
What Happened: Streams Charts reported that live streams covering the election generated nearly 84 million hours of watch time &#8211; almost five times more than the viewership for the September debates between Vice President Kamala Harris and President-Elect Donald Trump. 
The dominant platform for election coverage was Alphabet Inc.-owned (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) YouTube, which accounted for over 80% of total watch time across all broadcasts. Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) came in second with 13.1% of viewership.
Peak viewership for political streams on election day hit over 9.14 million viewers, with the average number of viewers approaching 3.5 million. Audience engagement spiked closer to the end of voting and the announcement of results.
While the debates lasted just a few hours, some election day broadcasts ran non-stop from the start of voting until the results were announced.
The most-watched broadcast was Fox Corp.-owned (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) Fox News on YouTube, which peaked at over 1.14 million viewers &#8211; a historic record for the channel. Comcast Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) subsidiary NBC News came in second with nearly 616,900 peak viewers.
See Also: <a href="https://www.benzinga.com/general/entertainment/24/10/41616337/google-bought-youtube-for-1-65b-and-now-it-prints-50b-in-revenue-just-in-1-year-sundar-pich">Google Bought YouTube For $1.65B And Now It Prints $50B In Revenue Just In 1 Year</a>
Why It Matters: All the top broadcasts were on YouTube, as the platform remains the primary choice for TV networks to stream their content online.
Among individual streamers, commentators Dan Bongino and Steven Crowder on Rumble drew the largest audiences, both setting new personal viewership records. 
Streamer HasanAbi, on Amazon.com Inc.-owned (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Twitch, also marked a historic peak of about 313,400 concurrent viewers on his Election Day coverage.
Throughout the election campaign, Trump consistently outpaced Harris in mentions on Twitch, holding around a 70% share compared to Harris&#8217; 30%. This trend continued on election day, with Trump&#8217;s mentions jumping to 104K versus Harris&#8217; 41.6K.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41795320/trumps-20-tariff-plans-could-unleash-wave-of-spending-on-big-ticket-buys-in-holiday-quarter-says-eco">Trump&#8217;s 20% Tariff Plans Could Unleash Wave Of Spending On Big Ticket Buys In Holiday Quarter, Says Economist Justin Wolfers</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Global

Tech

Media

GOOG

GOOGL

YouTube Trumps Rivals In Election Day Coverage With 80% Viewership Share In Streaming

Fox Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) warrants a Buy rating, according to Goldman Sachs analyst Michael Ng.
On Monday, Fox reported <a href="https://www.benzinga.com/news/earnings/24/11/41715564/foxs-q1-earnings-revenue-and-eps-beat-political-ads-tubi-expansion-boosts-growth" target="_blank" rel="noreferrer noopener">fiscal first-quarter 2025</a> revenues of $3.56 billion, up from $3.21 billion a year ago, beating the analyst consensus of $3.37 billion. 
Ng maintains a <a href="https://www.benzinga.com/quote/FOXA/analyst-ratings" target="_blank" rel="noreferrer noopener">price target from $46 to $51</a>.
Cable Network Programming reported quarterly segment revenues of $1.6 billion, up by 15%. Television reported quarterly segment revenues of $1.95 billion, up 10%.
Also Read: <a href="https://www.benzinga.com/news/earnings/24/11/41714051/marriott-international-q3-earnings-china-market-weakness-drags-on-performance-adjusts-full-year-out" target="_blank" rel="noreferrer noopener">Marriott International Q3 Earnings: China Market Weakness Drags on Performance, Adjusts Full-Year Outlook</a>
Ng observed that Fox Corp outperformed in the first quarter of fiscal 2025, reporting EBITDA of $1.05 billion, above the expected $874 million consensus. This was driven largely by stronger-than-anticipated results in both its Cable Network Programming segment, which posted an EBITDA of $748 million, and its Television segment, which delivered $372 million.
The analyst attributed the Cable Network's success to operating expense control and Fox News Media's ratings. At the same time, Television gained from higher-than-expected political ad revenues, notably in local stations and the streaming platform Tubi, which grew 19% year-over-year.
He raised Fox's 12-month price target to $51 from $46, reflecting expectations of record political ad revenue for fiscal 2025 as Tubi's ad performance strengthens.
Ng highlighted Tubi's targeted advertising appeal in the FAST (free ad-supported streaming) category. He expects the platform to benefit from continued political ad spending.
Fox Corp anticipates Tubi's revenue to exceed $1 billion in fiscal 2025. That projection aligns with market estimates, underscoring the platform's long-term growth potential as digital ad budgets shift.
Price Action:&nbsp;FOXA stock is up 1.73% at $43.75 at&nbsp;the last check on Tuesday.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41710271/roaring-kitty-stock-chewy-set-to-join-s-p-midcap-400-index-will-replace-stericycle" target="_blank" rel="noreferrer noopener">Roaring Kitty Stock Chewy Set to Join S&amp;P MidCap 400 Index, Will Replace Stericycle</a></li>
</ul>
Image: Shutterstock

Price Target

Reiteration

Analyst Ratings

Trading Ideas

Fox Corp's Political Ad Revenue Surges, Tubi Growth Sparks Analyst Optimism

Guggenheim analyst Michael Morris maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $45 to $50.

Guggenheim Maintains Buy on Fox, Raises Price Target to $50

TD Cowen analyst Doug Creutz maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Hold and raises the price target from $36 to $42.

TD Cowen Maintains Hold on Fox, Raises Price Target to $42

UBS analyst John Hodulik maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $44 to $50.

UBS Maintains Buy on Fox, Raises Price Target to $50

Goldman Sachs analyst Michael Ng maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $46 to $51.

Goldman Sachs Maintains Buy on Fox, Raises Price Target to $51

Macquarie analyst Tim Nollen maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Neutral and maintains $43 price target.

Macquarie Maintains Neutral on Fox, Maintains $43 Price Target

JP Morgan analyst David Karnovsky maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Neutral and raises the price target from $41 to $42.

JP Morgan Maintains Neutral on Fox, Raises Price Target to $42

Wells Fargo analyst Steven Cahall maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Overweight and raises the price target from $46 to $49.

Wells Fargo Maintains Overweight on Fox, Raises Price Target to $49

Deutsche Bank analyst Bryan Kraft maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $42 to $47.

Deutsche Bank Maintains Buy on Fox, Raises Price Target to $47

Morgan Stanley analyst Benjamin Swinburne maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Equal-Weight and raises the price target from $40 to $42.

Morgan Stanley Maintains Equal-Weight on Fox, Raises Price Target to $42

Fox Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>)&nbsp;reported fiscal first-quarter 2025 revenues of $3.56 billion, up from $3.21 billion a year ago, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41711582/fox-reports-first-quarter-fiscal-2025-revenues-of-3-56-billion-net-income-of-832-million-and-adjus" rel="noreferrer noopener">analyst&nbsp;consensus of $3.37 billion</a>.&nbsp;
Adjusted net income was $672 million, or $1.45 per share, beating the&nbsp;analyst&nbsp;consensus of&nbsp;$1.11.&nbsp;It was&nbsp;up from $537 million or $1.09 per share a year ago. The stock gained after the print.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/11/41710716/exclusive-janover-scores-new-deal-with-real-estate-firm-for-ai-client-engagement-tools" rel="noreferrer noopener">EXCLUSIVE: Janover Scores New Deal With Real Estate Firm For AI Client Engagement Tools</a>
Cable Network Programming reported quarterly segment revenues of&nbsp;$1.60 billion, an increase of&nbsp;15% Y/Y.&nbsp;Television reported quarterly segment revenues of&nbsp;$1.95 billion, an increase of 10% Y/Y.
Affiliate fee revenues increased by 6% to $1.84 billion, driven by 10%&nbsp;growth in the Television and Cable Network Programming segments.&nbsp;
Advertising revenues increased 11% to $1.33 billion, primarily due to higher political advertising revenues at the FOX Television Stations, continued growth at Tubi, higher ratings and higher pricing in the direct response marketplace at FOX News Media, and the impact of the &#8220;Summer of Soccer&#8221; at FOX Sports, including the broadcasts of the UEFA&nbsp;European Championship and CONMEBOL&nbsp;Copa América.
The company reported&nbsp;a quarterly&nbsp;net income of $827&nbsp;million compared to $407 million Y/Y.
In the first quarter, the company bought back about $250M of its Class A common stock and under the current buyback program, about $1.15B remains.
Chair and CEO Lachlan Murdoch highlighted a solid start to fiscal 2025, citing audience growth at FOX News, record political ad revenue, accelerating revenue at Tubi, and a successful fall sports lineup. Murdoch noted that these combined factors drove impressive revenue and earnings growth for the first fiscal quarter.
Bank of America analyst Jessica Reif Ehrlich had said Fox is <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41034849/fox-stock-thrives-on-sports-politics-strategy-analyst-says-it-will-weather-secular-" rel="noreferrer noopener">benefiting from significant sports</a> and political events, including Super Bowl LIX and the 2024 election.
Ehrlich highlighted strong ad growth in Fox&#8217;s news and political segments and nearly sold-out Super Bowl ad slots, with 30-second spots priced at $7 million. The analyst noted Fox&#8217;s resilience in linear TV, driven by sports and news while hinting at potential shifts to streaming due to linear decline.
Fox stock surged over 38% year-to-date.
Price Action: FOXA stock is up 3.87% at $43.50 at&nbsp;the last check on Monday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41712053/end-of-an-era-ai-propels-nvidia-to-replace-struggling-intel-in-dow-index" target="_blank" rel="noreferrer noopener">End Of An Era &#8211; AI Propels Nvidia To Replace Struggling Intel In Dow Index</a></li>
</ul>
Photo by rafapress on Shutterstock

Earnings

Fox's Q1 Earnings: Revenue And EPS Beat, Political Ads, Tubi Expansion Boosts Growth

WIIM

Fox shares are trading higher after the company reported better-than-expected Q1 financial results.

Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) reported quarterly earnings of $1.45 per share which beat the analyst consensus estimate of $1.11 by 30.63 percent. The company reported quarterly sales of $3.56 billion which beat the analyst consensus estimate of $3.37 billion by 5.64 percent. This is a 11.13 percent increase over sales of $3.21 billion the same period last year.

Earnings Beats

Fox Q1 2025 Adj EPS $1.45 Beats $1.11 Estimate, Sales $3.56B Beat $3.37B Estimate

The Los Angeles Dodgers won its eighth World Series title in 2024 with a comeback victory over the New York Yankees in Game 5. While the win could be great for Dodgers fans because it is the team's second title in four years, it could also help predict the <a href="https://www.benzinga.com/topic/2024-election">2024 presidential election.</a>
What Happened: The Dodgers and Yankees — the two most valuable teams in key television markets — having faced off in the 2024 World Series <a href="https://www.benzinga.com/general/sports-betting/24/10/41521768/world-series-yankees-dodgers-showdown-could-boost-fox-betting-odds-how-to-watch-matchup-of">could help</a> the quarterly financial results of Fox Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>). The World Series saw strong <a href="https://sports.yahoo.com/world-series-ratings-dodgers-win-in-game-5-draws-largest-audience-in-7-years-003748091.html">viewership </a>thanks to the matchup and strong interest from Japanese fans thanks to Dodgers star Shohei Ohtani, who is from the country.
Similar to the Dodgers winning two championships in the past four years, the National Football League's (NFL) Kansas City Chiefs have had<a href="https://www.benzinga.com/news/24/02/37062134/kansas-city-chiefs-win-super-bowl-lviii-patrick-mahomes-says-we-are-not-done"> success in recent years</a>. The NFL team has Super Bowl wins in 2020, 2023 and 2024.
The Chiefs&#8217; Super Bowl <a href="https://www.benzinga.com/news/20/02/15233906/mahomes-shines-as-kansas-city-chiefs-clinch-first-super-bowl-title-in-50-years">win in 2020 </a>was its first Super Bowl championship in 50 years and kicked off a run that has the team considered one of the most recent NFL dynasties with three Super Bowl wins in four years.
Taking a look at the stats above, there's something in common, as pointed out by Ally Sammarco on <a href="https://x.com/Ally_Sammarco/status/1851981226892001530">X</a>.
In 2020, the Chiefs won the Super Bowl, the Dodgers won the World Series and Donald Trump lost the presidential election. In 2024, the Chiefs won the Super Bowl, the Dodgers won the World Series and Trump is running for president again, with the outcome to be determined.
Sammarco's post went viral on X with over two million views as the outcomes of the sports championships could be a precursor to the 2024 election and good news for the Democratic Party and Kamala Harris.
With 30 Major League Baseball (MLB) teams and 32 NFL teams, each season there is a 1/30 chance of a team winning the World Series and a 1/32 chance of a team winning the Super Bowl. Add the two outcomes together and there is a 1/960 chance of a specific MLB team and a specific NFL team each winning titles in the same year.
Of course in the case of the Chiefs and Dodgers, the teams have been good in recent years and among the favorites to win championships.
Tuesday's presidential election will determine whether the sports championships helped predict the winner or if the stat will go down only in sports history for the same two teams winning four years later.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent110124">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
 What's Next: Trump is currently the betting favorite to win the 2024 presidential election, with odds of -182 at BetMGM UK, which is a unit of a joint venture owned by MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) and Entain. Harris is the underdog at odds of +150. Trump has a 61.74% implied chance of winning the election based on the odds, with Harris having a 38.26% chance, according to <a href="https://www.actionnetwork.com/politics/2024-presidential-election-odds-and-predictions-what-are-candidates-chances-entering-final-weekend">data </a>from Action Network.
While there won't be a presidential election in 2025, the Dodgers and Chiefs could share in a championship stat again.
The Dodgers, fresh off their 2024 World Series title, are currently the favorites to win the 2025 World Series with odds of +400 at sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), ranking ahead of the Yankees at +700.
The Chiefs, the only unbeaten team in the NFL for the 2024 season with a 7-0 record, are the favorites to win Super Bowl LIX in 2025. The Chiefs have odds of +400, edging out the Detroit Lions who are the next highest with odds of +600.
A Super Bowl win by the Chiefs in 2025 would make the team the first<a href="https://www.benzinga.com/general/entertainment/24/02/37080383/three-peat-super-bowl-lix-odds-kansas-city-chiefs-back-to-back-to-back-payout"> in NFL history</a> to win three consecutive Super Bowls.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports-betting/24/10/41589659/trump-vs-harris-state-by-state-2024-election-betting-odds-which-candidate-is-favored-to-wi">Trump Vs. Harris: State-By-State 2024 Election Betting Odds, Which Candidate Is Favored To Win In Your Community?</a></li>
</ul>
Photos: Shutterstock

Kansas City Chiefs, Los Angeles Dodgers Championships Could Predict 2024 Presidential Election: Here's Who Has The Edge In Trump Vs. Harris

Morgan Stanley analyst Benjamin Swinburne maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Equal-Weight and raises the price target from $38 to $40.

Morgan Stanley Maintains Equal-Weight on Fox, Raises Price Target to $40

The 2024 World Series kicks off Friday and features the two most valuable teams in Major League Baseball. This could benefit media company Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>), which is already benefitting from a strong lineup of sports rights and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41034849/fox-stock-thrives-on-sports-politics-strategy-analyst-says-it-will-weather-secular-">the 2024 election.</a>
How to Watch 2024 World Series: The 2024 World Series features the Los Angeles Dodgers and New York Yankees, who finished as the top teams by record in the National League and American League of the 2024 <a href="https://www.benzinga.com/topic/mlb">Major League Baseball </a>season, respectively.
The best-of-seven World Series will air exclusively on Fox, with a start time of 8:08 p.m. ET for each contest. Here is the current game <a href="https://www.mlb.com/press-release/press-release-2024-world-series-broadcast-schedule">schedule</a>:
<ul>
<li>Game 1: Friday, Oct. 25 in Los Angeles</li>
<li>Game 2: Saturday, Oct. 26 in Los Angeles</li>
<li>Game 3: Monday, Oct. 28 in New York</li>
<li>Game 4: Tuesday, Oct. 29 in New York</li>
<li>Game 5 (if necessary): Wednesday, Oct. 30 in New York</li>
<li>Game 6 (if necessary): Friday, Nov. 1 in Los Angeles</li>
<li>Game 7 (if necessary): Saturday, Nov. 2 in Los Angeles</li>
</ul>
Betting Odds: Sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) lists the betting odds favoring the Dodgers at -130 for the first game, predicting a close matchup.
For the series, the Dodgers are favored at odds of -125 and the Yankees are the underdog at odds of +105. The close odds could imply a long series, which would favor Fox as the series could be stretched to five, six or the full seven games.
Read Also: <a href="https://www.benzinga.com/general/sports/24/10/41283005/warren-buffett-home-run-billionaires-baseball-bet-could-rise-in-value-with-minnesota-twins-sale">Warren Buffett Home Run? Billionaire&#8217;s Baseball Bet Could Rise In Value With Minnesota Twins Sale</a>
Dream Matchup: The matchup between the Los Angeles Dodgers and New York Yankees could be perfect for Major League Baseball, sportsbooks and Fox.
The two teams have faced off in 11 previous World Series, but this is their first matchup since 1981. These two teams have met in the most World Series of any two MLB teams, with the Yankees leading the series matchup 8-3.
According to <a href="https://www.forbes.com/lists/mlb-valuations/">Forbes</a>, the two teams are the most valuable in the MLB, representing two of the most populous cities and major television markets on opposite coasts.
The New York Yankees are valued at $7.55 billion, ranking first, with the Los Angeles Dodgers at $5.45 billion and ranking second.
Compare that to the World Series matchup from last year between the Texas Rangers ($2.4 billion) and Arizona Diamondbacks ($1.43 billion), who rank 12th and 23rd, respectively, by valuation. The Yankees and Dodgers are each more valuable than these two teams combined. The two teams in the same and smaller television markets weren't as beneficial for Fox last season.
The 2024 World Series matchup also features some of the most well-known players in baseball including Aaron Judge for the Yankees and Shohei Ohtani for the Dodgers. With Judge and Ohtani in the World Series, this marks the first time players with 50 home run seasons have faced off against each other in the World Series.
The two teams are 11-11 in their last 22 regular-season series against each other. During the 2024 season, the Dodgers held the advantage, winning two of three games. Historically, however, the Yankees lead with a 48-40 all-time series advantage.
Fox Advantage: With a potential long series and the matchup of the two MLB titans covering the top two television markets, Fox could see a ratings boost.
The MLB matchup caps a successful year for the media company, boosted by strong 2024 NFL viewership for its Sunday afternoon games. The company has also benefitted from solid viewership for presidential debates and other 2024 election coverage, with massive spending on political advertisements in the current election cycle.
A strong World Series viewership and robust NFL ratings could propel Fox into 2025, leading up to its broadcast of Super Bowl LIX on Feb. 9.
FOX Price Action: Fox stock trades at $38.42 versus a 52-week trading range of $25.82 to $39.32. Fox stock is up 36.5% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports/24/10/41363480/tom-brady-becomes-nfl-team-owner-but-could-it-impact-his-fox-broadcasting-deal">Tom Brady Becomes NFL Team Owner — But Could It Impact His Fox Broadcasting Deal?</a></li>
</ul>
Photo: Elliott Cowand Jr/Shutterstock.com

World Series Yankees, Dodgers Showdown Could Boost Fox: Betting Odds, How To Watch Matchup Of 2 Most Valuable MLB Teams

TD Cowen raised the firm's price target on Fox Corp. (FOXA) to $42 from $36 and keeps a Hold rating on the shares. The firm said its Q1 revenue was

Fox Corp. price target raised to $42 from $36 at TD Cowen

In a report released today, Kutgun Maral from Evercore ISI maintained a Hold rating on Fox (FOXA – Research Report), with a price target of $42.00....

Evercore ISI Reaffirms Their Hold Rating on Fox (FOXA)

Seaport Global analyst David Joyce reiterated a Hold rating on Fox (FOXA – Research Report) today. The company's shares closed yesterday at $43.00....

Seaport Global Sticks to Their Hold Rating for Fox (FOXA)

Macquarie analyst Tim Nollen has maintained their neutral stance on FOXA stock, giving a Hold rating today. Tim Nollen's rating is based on Fox's s...

Fox's Strong Q1 FY25 Performance Balanced by Caution in Media Landscape: Hold Rating Maintained

Macquarie raised the firm's price target on Fox Corp. (FOXA) to $39 from $35 and keeps a Neutral rating on the shares, citing a higher sum-of-the-p...

Fox Corp. price target raised to $39 from $35 at Macquarie

Stocks in Communication Services rise on investor optimism for sector under Trump's second term

No matter if we have a bull market or a bear market, there will always be value to be found in any market regardless of its current status. 

The Communication Services Sector Playbook: Strategies For Smart Investments

Charter Communications most shorted S&P 500 communications stock in October; Alphabet least shorted

Media giant and theme park operator Disney (DIS) is scheduled to report results of its fiscal fourth quarter before the market open on Thursday, No...

What Wall Street experts are saying about Disney ahead of earnings

Most shorted S&P 500 stocks in October

APTV

CHTR

ENPH

LBRDA

MRNA

MTCH

NFLX

NWSA

POOL

RSPC

SMCI

TMUS

TTWO

Press Releases

FOX News Channel's Harris Faulkner to Present Town Hall on Women's Issues Featuring Former President Donald Trump on October 16th

FOX News Channel's Bret Baier to Conduct Interview With Vice President Kamala Harris on Special Report This Wednesday, October 16th

FOX News Digital Leads News Brands With Multiplatform Minutes and Views During Third Quarter Seeing Double-Digit Gains

OutKick Sees Q3 Growth in Multiplatform Views & Minutes

OutKick's Maintaining with Tyrus to Feature Interview with Former President Donald Trump

Entertainment

General

Fox Corporation Executives to Discuss First Quarter Fiscal 2025 Financial Results Via Webcast

FOX News Channel to Debut New Immersive Graphics Technology in Enhanced State-of-the-Art Studio During 2024 Election Coverage

FOX REPORTS FIRST QUARTER FISCAL 2025 REVENUES OF $3.56 BILLION, NET INCOME OF $832 MILLION, AND ADJUSTED EBITDA OF $1.05 BILLION

FOX News Media's 2024 Election Night Coverage Leads All Broadcast and Cable Networks With Over 13 Million Viewers

FOX News Channel Post-Election Performance Sets New Records and Beats Every Network With Nearly 8 Million Viewers During Harris Concession Speech

AMC Networks

Beasley Broadcast Group, Inc. - Class A Common Stock

Beasley Broadcast Group

Cumulus Media Inc. - Class A Common Stock

Cumulus Media

Gray Television

Gray Television, Inc. CLass A Common Stock

iHeartMedia

Mediaco Holding Inc. - Class A Common Stock

MediaCo Holding

Nexstar Media Gr

Paramount Glb

Sinclair

Saga Communications, Inc. - Class A Common Stock

Saga Communications

E.W. Scripps Company (The) - Class A Common Stock

E W Scripps

Tegna

Townsquare Media, Inc. Class A Common Stock

Townsquare Media

Urban One

Guggenheim

TD Cowen

Goldman Sachs

Macquarie

무소속 대선 후보 로버트 F. 케네디가 제3자 후보로는 보기 드문 두 자릿수 <a href="https://www.benzinga.com/news/24/05/38983344/2024-election-cliffhanger-biden-leads-trump-by-just-a-point-in-latest-poll-as-overwhelming-majority">투표</a>를 받고 있지만, 11월에 열릴 대선에서 조 바이든 대통령 및 도널드 트럼프 전 대통령과 경쟁하려면 아직 해야 할 일이 많다.
화요일 일론 머스크의 X에 <a href="https://x.com/elonmusk/status/1793091770441748712" target="_blank" rel="noopener">게시</a>된 한 게시물에서 케네디는 <a href="https://www.benzinga.com/general/politics/24/05/38849634/biden-signals-intent-to-debate-trump-in-june-make-my-day-pal" target="_blank" rel="noopener">현재 토론 일정</a>에서 벗어나 이 플랫폼에서 대통령 토론을 제안했다.
사건의 전말 (What Happened): 머스크는 X에 케네디가 바이든과 트럼프 사이의 토론에 참여하도록 허용되어야 한다고 게시했다. 제3자 후보는 전통적으로 토론에 포함되지 않는다.
이에 케네디는 머스크에게 &#8220;너가 주최하고 싶니?&#8221;라고 물었다.
머스크는 &#8220;그럼(sure)&#8221;이라고 답했다.
케네디는 &#8220;X에서 토론이 열려야 한다. CNN의 시청자 수보다 100배는 많은 새로운 공공 광장이다. @realDonaldTrump, 네가 할 수 있을 거라고 나는 알고 있다. 너가 @POTUS에게 연락할래? 아니면 나가 할까?&#8221;라고 케네디가 <a href="https://x.com/RobertKennedyJr/status/1793337250714878285">말했다</a>.
중요한 점 (Why it Matters): 첫 번째 대통령 선거 토론은 1960년 케네디의 삼촌 존 F. 케네디와 리처드 M. 닉슨 사이에서 열렸다. 특히 이 토론은 TV로 <a href="https://www.jfklibrary.org/asset-viewer/archives/tnc-172">중계</a>되었다.
밸롯피디아(Ballotpedia)에 <a href="https://ballotpedia.org/Presidential_debates,_2024">따르면</a>, 2024년 현재 대통령 선거 토론 일정은 6월에 워너 브라더스 디스커버리(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>)의 자회사 CNN에서 실시되며, 9월에는 월트 디즈니(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>)의 자회사 ABC에서 실시된다. 지난 토론은 컴캐스트 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>)의 자회사 NBC와 폭스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>)에서도 진행되었다.
하지만 X에서의 토론은 수십 년 동안 방송된 TV 토론의 우선 순위를 회피하게 된다.
과거에도 정치적 이벤트들이 X에서 중계된 바 있다. 플로리다 주지사인 론 디샌티스는 X에서 2024년 대선에 대한 입후보를 <a href="https://www.benzinga.com/general/politics/23/05/32564924/desantis-announces-2024-presidential-run-lauds-elon-musks-commitment-to-free-speech">선언했다</a>. 이 이벤트는 연결 문제, 결함 및 지연으로 인해 수신이 제대로 이루어지지 않았다. 디샌티스는 그 후 대선 후보 경선을 <a href="https://www.benzinga.com/news/24/01/36709808/ron-desantis-ends-presidential-race-backs-donald-trump-ahead-of-new-hampshire-primaries">포기했다</a>.
다른 기사: <a href="https://www.benzinga.com/news/24/05/38987299/majority-of-americans-fear-political-violence-after-2024-biden-trump-rematch-poll">투표결과 대통령 선거 투표결과</a>
Midjourney의 인공지능을 사용하여 생성된 이미지

Comments

Fox

뉴스

에 대한 최신 뉴스 Fox (NASDAQ:FOXA) 주식

금요일, 5월 24, 2024

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌