Twenty-First Century Fox, Inc. Reveals 11% Retreat In Q1 Bottom Line

(RTTNews) - Twenty-First Century Fox, Inc. (FOX) reported earnings for first quarter that decreased compared to the same period last year.

The company said its earnings declined to $755 million, or $0.38 per share. This was lower than $848 million, or $0.39 per share, in last year's first quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.2% to $6.08 billion. This was down from $6.48 billion last year.

Twenty-First Century Fox, Inc. earnings at a glance:

-Earnings (Q1): $755 Mln. vs. $848 Mln. last year. -Earnings Decline (Y-o-Y): -11.0% -EPS (Q1): $0.38 vs. $0.39 last year. -EPS Decline (Y-o-Y): -2.6% -Analysts Estimate: $0.38 -Revenue (Q1): $6.08 Bln vs. $6.48 Bln last year. -Revenue Change (Y-o-Y): -6.2%