| FOX |
Report |
Adjusted EPS (Q4 FY26) |
BEAT |
pred ~$1.42 vs. cons $1.34 |
HIGH |
| FOX |
Report |
Total Revenue (Q4 FY26) |
BEAT |
pred ~$3.72B vs. cons $3.6B |
MEDIUM |
| FOX |
Report |
Adjusted EBITDA (Q4 FY26 / FY26 record) |
BEAT |
pred ~$955M vs. cons ~$913M (implied FY26 record ~$3.67B) |
MEDIUM |
| FOX |
Guide |
Post-Roku net leverage / deleveraging path |
LOWER |
guide ~2.8x net debt/EBITDA vs. cons ~2.5x expectation (pro-forma at close 1H CY27) |
MEDIUM |
| FOX |
Guide |
Buyback trajectory ($12B authorization) |
LOWER |
guide ~$0-0.5B/qtr near-term pace vs. cons ~$0.5B run-rate (FY27, effective pause into Roku close) |
MEDIUM |
| FOX |
Guide |
Fox One subscribers / World Cup cohort retention |
BETTER |
guide ~3M+ subs with churn below plan vs. cons ~2.5M sticky (FY27 exit) |
LOW |
| FOX |
Guide |
FY27 political advertising market |
BETTER |
guide ~$11B TAM, Fox over-indexed vs. cons ~$9-10B (midterm cycle, autumn FY27) |
LOW |
| FOX |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.5% |
— |
MEDIUM |
| FOX |
Return |
5-day cumulative residual |
-0.5% (FADE) |
Core beat (EPS/revenue/record EBITDA on World Cup) drives an initial relief pop, but the print is dominated by the Roku overhang: ~2.8x pro-forma leverage, ~27% dilution, and an effective buyback pause pull out-period per-share estimates and the capital-return thesis lower even after a headline beat. Regulatory/antitrust noise (Warren/DOJ) caps upside, so the day-1 gain fades back toward flat over the week as revisions reset the sum-of-parts. |
LOW |