Fox Corp beats quarterly revenue estimates By Reuters


© Reuters. FILE PHOTO: The Fox News electronic ticker is seen at the News Corporation building in New York City, in New York, U.S. November 8, 2017. REUTERS/Shannon Stapleton

(Reuters) – Fox Corp reported better-than-expected quarterly revenue on Tuesday, as the Fox News parent benefited from an uptick in advertising spend ahead of the U.S. midterm elections.

The company’s total revenue rose to $3.19 billion in the first quarter ended Sept. 30, from $3.05 billion a year earlier. Analysts were expecting $3.17 billion, according to IBES data from Refinitiv.

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