News Corporation reports results for the quarter ended June 30 - Earnings Summary
News Corporation reports results for the quarter ended June 30 - Earnings Summary
News Corporation NWSA.OQ reported quarterly adjusted earnings of 35 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of seven analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 15 cents to 26 cents per share.
Revenue rose 10.8% to $2.34 billion from a year ago; analysts expected $2.23 billion.
News Corporation's reported EPS for the quarter was 33 cents.
The company reported quarterly net income of $179 million.
News Corporation shares had risen by 15.1% this quarter and gained 9.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer publishing peer group is also "buy"
Wall Street's median 12-month price target for News Corporation is $34.00, about 15.9% above its last closing price of $28.59
This summary was machine generated from LSEG data August 5 at 09:36 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.21 | 0.35 | Beat |
Mar. 31 2026 | 0.18 | 0.21 | Beat |
Dec. 31 2025 | 0.34 | 0.40 | Beat |
Sep. 30 2025 | 0.18 | 0.22 | Beat |
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