News Corp. (NWSA) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - News Corp. reported revenue of $2.24 billion for the quarter ended December 2024, reflecting a 13.5% decline year-over-year, while EPS increased to $0.33 from $0.26 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of $2.2 billion by 1.86%, but the EPS met the consensus estimate without any surprise [1] Financial Performance Metrics - Key metrics indicate that News Corp. shares returned +3.3% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change, with a Zacks Rank 1 (Strong Buy) suggesting potential outperformance in the near term [3] - Revenue breakdown by product shows: - Dow Jones: $600 million, +2.7% year-over-year, below the estimate of $611.83 million [4] - Book Publishing: $595 million, +8.2% year-over-year, above the estimate of $575 million [4] - Digital Real Estate Services: $473 million, +12.9% year-over-year, above the estimate of $468.46 million [4] - News Media: $570 million, +1.2% year-over-year, above the estimate of $542.27 million [4] - EBITDA performance: - Dow Jones: $174 million, above the estimate of $171 million [4] - News Media: $74 million, significantly above the estimate of $48.52 million [4] - Other: -$56 million, slightly worse than the estimate of -$53.50 million [4] - Book Publishing: $101 million, above the estimate of $92.05 million [4] - Digital Real Estate Services: $185 million, above the estimate of $176.98 million [4]