21st Century Fox shares shaky after earnings beat, revenue miss
21st Century Fox Inc. fluctuated between gains and losses in the extended session Wednesday after the media company's fiscal fourth-quarter earnings topped Wall Street estimates but revenue didn't. 21st Century Fox shares were last up less than 0.1% at $27.05 after hours. The company reported adjusted earnings of 45 cents a share on revenue of $6.65 billion. Analysts surveyed by FactSet had estimated earnings of 37 cents a share on revenue of $6.68 billion. 21st Century Fox also announced a plan to buy back an additional $3 billion in shares and hiked the annual dividend by 6 cents a share to 36 cents a share.
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