AI Summary

Fox announced its Q2 earnings on Thursday, reporting a 108% jump in advertising sales driven by World Cup coverage. The network posted adjusted earnings per share of $1.79, surpassing the analyst consensus of $1.34. Revenue reached $4.2 billion, up from the $3.6 billion forecast. The surge in ad revenue reflects the high viewership of the tournament. Fox’s earnings beat expectations, though the company noted a 3% decline in overall profit.

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