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News Corporation NWSA reported third-quarter fiscal 2024 earnings of 11 cents per share, which beat the Zacks Consensus Estimate by 10% and increased 22.2% year over year.
Revenues of $2.42 billion decreased 1% year over year and missed the consensus mark by 2.3%. The top line suffered due to lower advertising revenues in the News Media segment, a decline in physical book sales in the Book Publishing segment and weakness in Move because of ongoing challenging housing market conditions in the ...
>>> Read more: News Corporation (NWSA) Q3 Earnings Beat, Revenues Fall Y/Y
Revenues of $2.42 billion decreased 1% year over year and missed the consensus mark by 2.3%. The top line suffered due to lower advertising revenues in the News Media segment, a decline in physical book sales in the Book Publishing segment and weakness in Move because of ongoing challenging housing market conditions in the ...
>>> Read more: News Corporation (NWSA) Q3 Earnings Beat, Revenues Fall Y/Y
