News Corp reports results for the quarter ended June 30 - Earnings Summary

News Corp

05/08/2025 22:36

News Corp NWSA.OQ reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 17 cents.  The mean expectation of eight analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 17 cents to 24 cents per share.

Revenue fell 18.2% to $2.11 billion from a year ago; analysts expected $2.10 billion.

News Corp's reported EPS for the quarter was $1.31​.

The company reported quarterly net income of $743 million.

News Corp shares had fallen by 0.7% this quarter and gained 7.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "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 Corp is $36.50, about 19.2% above its last closing price of $29.51

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 2025
0.20
0.19
Missed
Mar. 31 2025
0.14
0.17
Beat
Dec. 31 2024
0.31
0.33
Beat
Sep. 30 2024
0.16
0.21
Beat