News Corp Q4 Revenue Jumps 11% to $2.34B, EPS Crushes Estimates
NWS sits 27% above its 52-week low of $25.49.
Summary
News Corp delivered a strong fiscal Q4, with revenue rising 11% to $2.34 billion, beating analyst forecasts. Adjusted EPS of $0.35 handily exceeded the $0.24 consensus. Growth was broad-based: Dow Jones revenue climbed 7% on digital ad strength and WSJ subscription gains, HarperCollins surged 15%, and digital real estate services jumped 19% with segment EBITDA up 46%. Net income from continuing operations more than doubled to $230 million. Despite the beat, shares fell nearly 4% after hours, suggesting the market may have priced in even stronger results or is focused on forward guidance. CEO Robert Thomson highlighted advanced AI content licensing talks and a combative stance against unauthorized content scraping, signaling potential new revenue streams. This follows a series of buyback updates and a recent divestiture of Move assets, painting a picture of active capital management alongside operational momentum.
At the time of this announcement, NWS was trading at $32.25 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $16.6B. The 52-week trading range was $25.49 to $35.58. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.