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Twenty-First Century Fox: Fiscal 2Q Earnings Snapshot

NEW YORK (AP) _ Twenty-First Century Fox Inc. (FOXA) on Wednesday reported fiscal second-quarter earnings of $10.82 billion.

On a per-share basis, the New York-based company said it had profit of $5.80. Earnings, adjusted for non-recurring gains, were 37 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The media company posted revenue of $8.5 billion in the period.

Twenty-First Century Fox shares have increased slightly more than 2 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 9 percent. The stock has increased 36 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 FOXA at https://www.zacks.com/ap/FOXA