NWSLV News: News Corp (NWSA) Q3 Earnings: Misses Revenue and Net Income Estimates Amidst Market Challenges - 11th May 2024, 2:21am

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Revenue: Reported at $2.42 billion, marking a 1% decline year-over-year, falling short of the estimated $2.506 billion. Net Income: Reached $42 million, down 29% from the previous year's $59 million, falling short of the estimated $77.19 million. Earnings Per Share (EPS): Recorded at $0.05, below the estimated $0.15, and adjusted EPS was $0.11. Total Segment EBITDA: Slightly increased by 1% to $322 million, compared to $320 million in the prior year. Digital Subscriptions: Dow Jones digital subs...

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