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Fox: Fiscal 4Q Earnings Snapshot

NEW YORK (AP) _ Twenty-First Century Fox Inc. (FOX) on Wednesday reported fiscal fourth-quarter earnings of $920 million.

The New York-based company said it had net income of 49 cents per share. Earnings, adjusted for one-time gains and costs, came to 57 cents per share.

The owner of Fox News Channel and the 20th Century Fox movie studio posted revenue of $7.94 billion in the period.

For the year, the company reported profit of $4.46 billion, or $2.40 per share. Revenue was reported as $30.4 billion.

Fox shares have increased 32 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $44.96, a rise of 62 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOX at https://www.zacks.com/ap/FOX