Fox (FOXA Quick QuoteFOXA - Free Report) reported $3.09 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2%. EPS of $0.90 for the same period compares to $0.88 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.1 billion, representing a surprise of -0.29%. The company delivered an EPS surprise of +8.43%, with the consensus EPS estimate being $0.83.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Fox performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Segment Revenues- Cable Network Programming

  : $1.44 billion versus the three-analyst average estimate of $1.42 billion. The reported number represents a year-over-year change of +2%.

• Segment Revenues- Television

  : $1.62 billion versus $1.64 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.

• Segment Revenues- Other, Corporate and Eliminations

  : $39 million versus the three-analyst average estimate of $36.90 million. The reported number represents a year-over-year change of +11.4%.

• Revenues- Cable Network Programming- Affiliate fee

  : $1.05 billion versus $1.04 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2% change.

• Revenues- Cable Network Programming- Advertising

  : $328 million versus the three-analyst average estimate of $311.62 million. The reported number represents a year-over-year change of +2.5%.

• Revenues by Component- Other

  : $226 million versus the three-analyst average estimate of $258.44 million. The reported number represents a year-over-year change of -10.7%.

• Revenues- Television- Advertising

  : $679 million versus $677.86 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -1.3% change.

• Revenues- Television- Affiliate fee

  : $811 million versus the three-analyst average estimate of $808.48 million. The reported number represents a year-over-year change of +9%.

• Revenues- Television- Other

  : $125 million versus $155 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -19.4% change.

• Revenues by Component- Affiliate fee

  : $1.86 billion compared to the $1.85 billion average estimate based on three analysts. The reported number represents a change of +5% year over year.

• Revenues by Component- Advertising

  : $1.01 billion versus $989.48 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.1% change.

• Revenues- Cable Network Programming- Other

  : $62 million compared to the $66.54 million average estimate based on three analysts. The reported number represents a change of -1.6% year over year.

View all Key Company Metrics for Fox here>>>

Shares of Fox have returned +5.3% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.