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News Corp. (NWSA) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-08 22:31
News Corp. (NWSA) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this publishing company whose flagship is The Wall Street Journal would post earnings of $0.10 per share when it actually produced earnings of $0.11, delivering a surprise of ...
News (NWSA) - 2024 Q4 - Annual Results
2024-08-08 20:17
Exhibit 99.1 NEWS CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR RESULTS FOR FISCAL 2024 FISCAL 2024 FOURTH QUARTER AND FULL YEAR KEY FINANCIAL HIGHLIGHTS NEW YORK, NY – August 8, 2024 – News Corporation ("News Corp" or the "Company") (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months and fiscal year ended June 30, 2024. Commenting on the results, Chief Executive Robert Thomson said: "Fiscal 2024 was an outstanding year for News Corp, as we not only delivered robust ...
Recent Price Trend in News Corp. (NWSA) is Your Friend, Here's Why
ZACKS· 2024-07-30 13:50
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...
Why Is News Corp. (NWSA) Up 11.8% Since Last Earnings Report?
ZACKS· 2024-06-07 16:36
It has been about a month since the last earnings report for News Corp. (NWSA) . Shares have added about 11.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is News Corp. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. News Corporation Q3 Earnings Beat, Revenues Fall ...
What News Corp's Deal With OpenAI Says About Future of Publishing, AI
investopedia.com· 2024-05-23 16:25
Key TakeawaysOpenAI and News Corp announced a multi-year agreement Wednesday, giving the maker of ChatGPT access to content from brands like The Wall Street Journal and Barron's.Microsoft-backed OpenAI has signed deals with other publishers as well to license their content for training purposes, while also including content from the outlets in ChatGPT's responses.The moves come as Microsoft, OpenAI, and Google have faced scrutiny over whether they used copyrighted content without consent to train AI models. ...
News (NWSA) - 2024 Q3 - Quarterly Report
2024-05-09 10:59
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35769 ____________________ ...
News (NWSA) - 2024 Q3 - Earnings Call Transcript
2024-05-09 00:40
News Corporation (NASDAQ:NWSA) Q3 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Michael Florin - Senior Vice President & Head, Investor Relations Robert Thomson - Chief Executive Susan Panuccio - Chief Financial Officer Conference Call Participants Entcho Raykovski - Evans & Partners David Karnovsky - JPMorgan Alan Gould - Loop Capital Craig Huber - Huber Research Darren Leung - Macquarie Lucy Huang - UBS Brian Han - Morningstar Jamie Laskovski - Goldman Sachs Operator Welcome to ...
News Corp. (NWSA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-08 23:01
For the quarter ended March 2024, News Corp. (NWSA) reported revenue of $2.42 billion, down 1% over the same period last year. EPS came in at $0.11, compared to $0.09 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.48 billion, representing a surprise of -2.30%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $0.10.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...
News Corp. (NWSA) Q3 Earnings Surpass Estimates
Zacks Investment Research· 2024-05-08 22:26
News Corp. (NWSA) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this publishing company whose flagship is The Wall Street Journal would post earnings of $0.20 per share when it actually produced earnings of $0.26, delivering a surprise of 30 ...
News (NWSA) - 2024 Q3 - Quarterly Results
2024-05-08 20:17
Exhibit 99.1 NEWS CORPORATION REPORTS THIRD QUARTER RESULTS FOR FISCAL 2024 FISCAL 2024 THIRD QUARTER KEY FINANCIAL HIGHLIGHTS NEW YORK, NY – May 8, 2024 – News Corporation ("News Corp" or the "Company") (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended March 31, 2024. Commenting on the results, Chief Executive Robert Thomson said: "News Corp has again made substantial progress on our strategic imperative to transform the company and increase value for all shar ...