Twenty-First Century Fox Q4 Results Top Estimates

(RTTNews) - Twenty-First Century Fox, Inc. (FOXA, FOX) reported net income for the fourth quarter of $999 million or $0.45 per share, compared to a net loss of $371 million or $0.16 per share for the year-ago quarter.

Income from continuing operations for the fourth quarter was $966 million or $0.43 per share, compared to $977 million or $0.42 per share in the prior year quarter.

Excluding items, adjusted income per share from continuing operations for the fourth quarter was $0.42, compared to $0.31 last year.

Fourth quarter revenues rose 17% to $8.42 billion from $7.21 billion in the same quarter last year.

Analysts polled by Thomson Reuters expected the company to earn $0.38 per share on revenue of $7.98 billion for the fourth quarter. Analyst' estimates typically exclude special items.