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News Corporation NWSA reported fourth-quarter fiscal 2023 earnings of 14 cents per share, which beat the Zacks Consensus Estimate by 55.56% but declined 62.2% year over year.
Revenues of $2.43 billion decreased 9% year over year and missed the consensus mark by 2.43% due to lower revenues at the Book Publishing segment owing to a fall in book sales. The decline was also due to lower revenues at the Digital Real Estate Services segment because of continued challenging housing market conditions...
>>> Read more: News Corporation (NWSA) Q4 Earnings Beat, Revenues Fall Y/Y
Revenues of $2.43 billion decreased 9% year over year and missed the consensus mark by 2.43% due to lower revenues at the Book Publishing segment owing to a fall in book sales. The decline was also due to lower revenues at the Digital Real Estate Services segment because of continued challenging housing market conditions...
>>> Read more: News Corporation (NWSA) Q4 Earnings Beat, Revenues Fall Y/Y
