Fox Posts Another Mixed Quarter; International Cable Division Continues to Expand
Fox reported a mixed fiscal second quarter as revenue came in line with the Street and our projections, but EBITDA fell short of both consensus and our estimate due to the weakness at the broadcast segment. As expected, management skirted around the Disney deal and noted that the firm will continue to focus on growing all of the segments at Fox. We are maintaining our wide moat rating and our fair value estimate of $43. As a reminder, our fair value estimate is probability-weighted with a 75% ch...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.