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FX.co ★ News Corporation Q4 Earnings Summary

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typeContent_19130:::2024-08-08T21:25:00

News Corporation Q4 Earnings Summary

News Corporation (NWSA) has released its earnings report, highlighting the following key figures:

- **Earnings:** $50 million in Q4, compared to a loss of $8 million in the same period last year.

- **Earnings Per Share (EPS):** $0.09 in Q4, up from a loss of $0.01 in the equivalent quarter last year. On an adjusted basis, excluding certain items, the company posted earnings of $99 million or $0.17 per share for the period.

- **Analyst Projections:** Analysts had projected earnings of $0.16 per share.

- **Revenue:** $2.577 billion in Q4, an increase from $2.433 billion in the same quarter the previous year.

The positive shift in financial performance highlights significant growth and improved profitability for News Corporation.

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