News (US:NWSA) ZACKSยท2025-05-06 20:00Group 1: Earnings Report Overview - News Corporation (NWSA) is set to report its third-quarter fiscal 2025 results on May 8, with revenue estimates at $2.01 billion, reflecting a decline of 16.84% year-over-year [1] - The consensus estimate for earnings per share is steady at 19 cents, indicating a year-over-year growth of 72.73% [1][2] Group 2: Performance Insights - The company has beaten the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 13.65% [2] - Following a strong fiscal second-quarter performance, the upcoming quarter presents mixed indicators, suggesting a cautious approach for investors [3] Group 3: Segment Analysis - Digital Real Estate Services showed growth in Australian residential listings, while the U.S. housing market faces challenges due to high mortgage rates affecting transaction volumes [4] - The Dow Jones segment is experiencing promising subscription trends, with management expecting growth acceleration in the second half, although increased B2B investments may pressure margins [5] - News Media is navigating uncertainties in the advertising market, with management anticipating more challenging conditions in the latter half of the fiscal year [6] Group 4: Strategic Developments - The pending sale of Foxtel to DAZN could strengthen the balance sheet, but regulatory approvals may delay completion [7] - Ongoing investments in AI initiatives and related legal expenses are expected to impact profitability as the company balances opportunities and intellectual property protection [7] Group 5: Earnings ESP and Ranking - News Corporation currently has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold), indicating lower odds of an earnings beat [8]