Fox Corporation Bottom Line Drops In Q3

(RTTNews) - Fox Corporation (FOXA) revealed a profit for third quarter that Drops, from the same period last year

The company's bottom line totaled $166 million, or $0.38 per share. This compares with $346 million, or $0.75 per share, last year.

Excluding items, Fox Corporation reported adjusted earnings of $570 million or $1.32 per share for the period.

The company's revenue for the period fell 8.6% to $3.994 billion from $4.371 billion last year.

Fox Corporation earnings at a glance (GAAP) :

-Earnings: $166 Mln. vs. $346 Mln. last year. -EPS: $0.38 vs. $0.75 last year. -Revenue: $3.994 Bln vs. $4.371 Bln last year.