News (NWSA) Stock

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NWSA's results for the first quarter of fiscal 2025 show an increase in the Digital Real Estate Services, Book Publishing, and Dow Jones areas.

News Corp announced on Thursday that it achieved record revenue in the first quarter, thanks to strong performance in its digital real estate services, book publishing, and Dow Jones divisions, exceeding Wall Street's expectations.

NWSA's performance in the first quarter of fiscal 2025 is likely to have improved due to the growth of OpenAI and REA services, although it faced some tough economic conditions.

NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, L.P. has announced that it has sent a letter to the Board of Directors of News Corporation (NASDAQ: NWSA, NWS) on November 5, 2024. The letter is from Irenic, which is one of the largest independent shareholders of News Corporation.

[Note: News Corp's fiscal year 2024 concluded in June.]

While the revenue and earnings per share (EPS) for News Corp. (NWSA) provide insight into its performance for the quarter ending June 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

News Corp. (NWSA) reported quarterly earnings of $0.17 per share, which is higher than the Zacks Consensus Estimate of $0.15 per share. This is an increase compared to last year's earnings of $0.14 per share.

News Corporation's (NWSA) performance in the fourth quarter of fiscal 2024 is likely to have improved due to the merging of OPIS and CMA, although it faced difficulties in the Digital Real Estate area.