Twenty-First Century Fox (FOX) Crumbles: Stock Falls by 6.7% – Tale of the Tape

On Aug 5, the company reported its fiscal fourth quarter and full year results where the company’s revenue declined year over year.

This slump shouldn’t be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

FOX currently has a Zacks Rank #5 (Strong Sell).

A better-ranked stock in the movie/TV/production/distribution sector is News Corporation (NWS), which currently carries a Zacks Rank #2 (Buy).

Is FOX going up? Or down? Predict to see what others think: Up or Down

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