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News Corp Offloads Foxtel Subscription TV and Streaming Service
Investopedia· 2024-12-23 16:13
Key TakeawaysNews Corp and Australian partner Telstra sold their interest in the Foxtel subscription TV and streaming service to DAZN Group for an enterprise value of 3.4 billion Australian dollars ($2.12 billion).The agreement includes the repayment of $360 million in shareholder loans owed to News Corp.News Corp will also get a 6% stake in DAZN Group, and a seat on the board. News Corp (NWSA) shares gained Monday when Rupert Murdoch's media company and Australian telecom company Telstra agreed to sell the ...
Here's Why News Corp. (NWSA) is a Strong Growth Stock
ZACKS· 2024-12-12 15:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Sc ...
Here's Why News Corp. (NWSA) is a Strong Momentum Stock
ZACKS· 2024-12-02 20:25
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Sty ...
Why News Corp. (NWSA) is a Top Growth Stock for the Long-Term
ZACKS· 2024-11-26 15:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Sc ...
News (NWSA) - 2025 Q1 - Earnings Call Transcript
2024-11-09 16:09
News Corporation (NASDAQ:NWSA) Q1 2025 Earnings Call Transcript November 7, 2024 5:00 PM ET Company Participants Michael Florin - SVP and Head of IR Robert Thomson - CEO Susan Panuccio - CFO Conference Call Participants Alan Gould - Loop Capital David Karnovsky - JPMorgan Kane Hannan - Goldman Sachs Entcho Raykovski - Evans and Partners Craig Huber - Huber Research Lucy Huang - UBS Operator Welcome to the News Corp's First Quarter Fiscal 2025 Earnings Conference Call. Today's conference is being recorded. M ...
News Corporation Q1 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2024-11-08 16:15
News Corporation (NWSA) reported first-quarter fiscal 2025 earnings of 21 cents per share, which beat the Zacks Consensus Estimate by 31.25% and increased 31.25% year over year.NWSA’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 24.7%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $2.58 billion increased 3.1% year over year and beat the consensus mark by 0.63%. The improvement was driven by growth in the Digital ...
News (NWSA) - 2025 Q1 - Quarterly Report
2024-11-08 11:53
Table of Contents Title of each classTrading Symbol(s)Name of each exchange on which registered Class A Common Stock, par value $0.01 per share NWSA The Nasdaq Global Select Market Class B Common Stock, par value $0.01 per share NWS The Nasdaq Global Select Market Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q ...
News Corp posts record Q1 revenue to beat Wall Street estimates
New York Post· 2024-11-08 00:09
News Corp posted record first-quarter revenue driven by growth at its digital real estate services, book publishing and Dow Jones segments, blowing past Wall Street estimates, the company said Thursday. The media giant, which owns the New York Post and the Wall Street Journal, saw net income jump 148% in the quarter to $144 million, or 21 cents a share.Meanwhile, revenue edged up 3% to $2.58 billion in the quarter ended Sept. 30, News Corp said. News Corp, home of the Wall Street Journal, Dow Jones and New ...
News Corp. (NWSA) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2024-11-07 23:30
News Corp. (NWSA) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 31.25%. A quarter ago, it was expected that this publishing company whose flagship is The Wall Street Journal would post earnings of $0.15 per share when it actually produced earnings of $0.17, delivering a surprise of ...
News (NWSA) - 2025 Q1 - Quarterly Results
2024-11-07 21:18
Exhibit 99.1 NEWS CORPORATION REPORTS FIRST QUARTER RESULTS FOR FISCAL 2025 FISCAL 2025 FIRST QUARTER KEY FINANCIAL HIGHLIGHTS • First quarter revenues were the highest for a first quarter since separation at $2.58 billion, a 3% increase compared to $2.50 billion in the prior year, driven by growth at the Digital Real Estate Services, Book Publishing and Dow Jones segments • Net income in the quarter was $144 million, a significant improvement compared to net income of $58 million in the prior year • Total ...