Fox Corp
For the period ended Mar 31, 2024. Filed May 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
FOXA$67.69+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Part I. Financial Information
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)
| For the three months ended March 31, | For the nine months ended March 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | $3,447 | $4,084 | $10,888 | $11,881 |
| Operating expenses | (2,050) | (2,727) | (7,305) | (7,911) |
| Selling, general and administrative | (510) | (528) | (1,485) | (1,526) |
| Depreciation and amortization | (98) | (106) | (291) | (308) |
| Restructuring, impairment and other corporate matters | (15) | (893) | (24) | (1,015) |
| Interest expense, net | (55) | (55) | (169) | (183) |
| Non-operating other, net | 242 | 174 | 39 | 293 |
| Income (loss) before income tax (expense) benefit | 961 | (51) | 1,653 | 1,231 |
| Income tax (expense) benefit | (257) | 1 | (419) | (347) |
| Net income (loss) | 704 | (50) | 1,234 | 884 |
| Less: Net income attributable to noncontrolling interests | (38) | (4) | (52) | (20) |
| Net income (loss) attributable to Fox Corporation stockholders | $666 | $(54) | $1,182 | $864 |
| EARNINGS (LOSS) PER SHARE DATA | ||||
| Weighted average shares: | ||||
| Basic | 474 | 521 | 482 | 537 |
| Diluted | 475 | 521 | 484 | 539 |
| Net income (loss) attributable to Fox Corporation stockholders per share: | ||||
| Basic | $1.41 | $(0.10) | $2.45 | $1.61 |
| Diluted | $1.40 | $(0.10) | $2.44 | $1.60 |
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
| For the three months ended March 31, | For the nine months ended March 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net income (loss) | $704 | $(50) | $1,234 | $884 |
| Other comprehensive income, net of tax: | ||||
| Benefit plan adjustments and other | 1 | 6 | 4 | 13 |
| Other comprehensive income, net of tax | 1 | 6 | 4 | 13 |
| Comprehensive income (loss) | 705 | (44) | 1,238 | 897 |
| Less: Net income attributable to noncontrolling interests(a) | (38) | (4) | (52) | (20) |
| Comprehensive income (loss) attributable to Fox Corporation stockholders | $667 | $(48) | $1,186 | $877 |
| (a) | Net income attributable to noncontrolling interests includes $(1) million and $(4) million for the three months ended March 31, 2024 and 2023, respectively, and $(5) million and $(14) million for the nine months ended March 31, 2024 and 2023, respectively, relating to redeemable noncontrolling interests. |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.