Cultura

Fox second-quarter revenue beats analysts' estimates

(Reuters) - Twenty-First Century Fox Inc's quarterly revenue beat analysts' estimates, helped by growth in its cable network and film studio businesses.

Net income attributable to shareholders jumped to $6.21 billion, or $2.88 per share, in the second quarter Dec 31, from $1.21 billion, or 53 cents per share, a year earlier.

The company, helmed by media mogul Rupert Murdoch, said revenue rose to $8.06 billion from $8.16 billion.

Analysts, on average, had expected a profit of 42 cents, on revenue of $7.36 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Anya George Tharakan and Lehar Maan in Bengaluru; Editing by Saumyadeb Chakrabarty)

WhatsAppFacebookFacebookTwitterTwitterLinkedinLinkedinBeloudBeloudBluesky