News Corporation (NWSA) Q2 Earnings & Revenues Beat, Up Y/Y
News (NWSA) Zacks Investment Research·2024-02-08 18:46
News Corporation (NWSA) reported second-quarter fiscal 2024 earnings of 26 cents per share, which beat the Zacks Consensus Estimate by 30% and surged 85.7% year over year.Revenues of $2.59 billion increased 3% year over year and beat the consensus mark by 0.29%. Top-line growth was driven by solid momentum in Digital Real Estate Services owing to higher Australian residential revenues at REA Group.Also, strength across Dow Jones and Book Publishing segments, driven by solid growth in the professional inform ...