News Corp Q1 revenue beats expectations, driven by growth in professional information business

News Corp

06/11/2025 21:24

Overview

News Corp fiscal Q1 rev rises 2% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q1 beats consensus, rising to $0.22

Company accelerates share repurchases, running at over four times fiscal 2025 pace

Outlook

Company expects strong free cash flow for fiscal 2026

Result Drivers

DOW JONES GROWTH - Higher circulation and subscription revenues at Dow Jones driven by professional information business growth

DIGITAL REAL ESTATE SERVICES - Segment growth driven by higher contributions from REA Group and Move

BOOK PUBLISHING CHALLENGES - Segment EBITDA impacted by $13 mln write-off of customer receivable and lower revenues

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$2.14 bln
$2.10 bln (5 Analysts)
Q1 Adjusted EPS
Beat
$0.22
$0.18 (5 Analysts)
Q1 Segment EBITDA
$340 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer publishing peer group is "buy"

Wall Street's median 12-month price target for News Corp is $38.00, about 32.5% above its November 5 closing price of $25.64

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release: ID:nBw3Nfkh9a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)