NWS News: Results: News Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts - 9th Feb 2024, 9:57pm

[annb0t]

It's been a good week for News Corporation (NASDAQ:NWSA) shareholders, because the company has just released its latest quarterly results, and the shares gained 4.6% to US$25.84. It looks like a credible result overall - although revenues of US$2.6b were what the analysts expected, News surprised by delivering a (statutory) profit of US$0.27 per share, an impressive 47% above what was forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whe...

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