NWS News: News Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now - 12th Aug 2024, 12:37am

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Investors in News Corporation (NASDAQ:NWSA) had a good week, as its shares rose 5.5% to close at US$27.74 following the release of its yearly results. Revenues were in line with forecasts, at US$10b, although statutory earnings per share came in 20% below what the analysts expected, at US$0.46 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business...

>>> Read more: News Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
 
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