分组1 - News Corp. reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.10 per share, and up from $0.09 per share a year ago, representing a 10% earnings surprise [1] - The company posted revenues of $2.42 billion for the quarter ended March 2024, which was 2.30% below the Zacks Consensus Estimate and down from $2.45 billion year-over-year [1] - Over the last four quarters, News Corp. has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [1] 分组2 - The stock has underperformed the market, losing about 0.5% since the beginning of the year compared to the S&P 500's gain of 8.8% [2] - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $2.55 billion, and for the current fiscal year, it is $0.71 on revenues of $10.11 billion [4] - The Zacks Industry Rank for Film and Television Production and Distribution is in the bottom 24% of over 250 Zacks industries, indicating potential underperformance [5] 分组3 - Warner Music Group Corp. is expected to report quarterly earnings of $0.11 per share, reflecting an 83.3% year-over-year change, with revenues anticipated to be $1.49 billion, up 6.2% from the previous year [6]
News Corp. (NWSA) Q3 Earnings Surpass Estimates