Latest news with #NewsCorporation
Yahoo
5 hours ago
- Business
- Yahoo
Do Wall Street Analysts Like News Corporation Stock?
With a market cap of $16.1 billion, News Corporation (NWSA) is a global, diversified media and information services company, operating across the United States, Canada, Europe, Australasia, and beyond. Its five segments: Digital Real Estate Services; Dow Jones, Book Publishing; News Media; and Other, span leading brands, platforms, and properties in news, entertainment, publishing, and digital marketplaces. Shares of the New York-based company have underperformed the broader market over the past 52 weeks. NWSA stock has gained 4.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.3%. Moreover, shares of News Corporation are up 3.1% on a YTD basis, compared to SPX's 8.4% rise. More News from Barchart This High-Yield (7%) Dividend Stock Is Down Significantly in 2025. Should You Buy the Dip? Dear CoreWeave Stock Fans, Mark Your Calendars for August 14 Tesla Is Axing Its Dojo Supercomputer Plans. What Does That Mean for TSLA Stock Here? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. However, the publishing company stock has lagged behind the Communication Services Select Sector SPDR ETF Fund's (XLC) 28.6% gain over the past 52 weeks. Shares of NWSA recovered marginally following its Q4 2025 results on Aug. 5 as revenue of $2.1 billion slightly beat the estimate, driven by a 6.7% revenue increase at Dow Jones and a 7% rise in consumer subscriptions to 6.3 million, with digital circulation revenue up 10%. Strong results in the digital real estate services unit, where revenue rose 4% on price increases, also supported sentiment. For the fiscal year ending in June 2026, analysts expect NWSA's EPS to grow 15.7% year-over-year to $1.03. The company's earnings surprise history is mixed. It beat or met the consensus estimates in three of the last four quarters while missing on another occasion. Among the nine analysts covering the stock, the consensus rating is a 'Strong Buy.' That's based on eight 'Strong Buy' ratings and one 'Hold.' On Aug. 6, Macquarie analyst David Fabris downgraded News Corp. to 'Neutral' from 'Outperform' and cut its price target to $32.70. As of writing, the stock is trading below the mean price target of $38.38. The Street-high price target of $45 implies a potential upside of 57.2% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
NWSA Q4 Earnings in Line With Estimates, Revenues Increase Y/Y
News Corporation NWSA reported fourth-quarter fiscal 2025 earnings of 19 cents per share, which were in line with the Zacks Consensus Estimate. The bottom line decreased 5% from the year-ago quarter's reported of $2.11 billion increased 1% year over year and exceeded the consensus mark by 0.26%. The year-over-year rise was driven by growth in the Digital Real Estate Services and Dow Jones the release of fiscal fourth-quarter earnings, NWSA shares have risen 0.75% in the after-hours trading. NWSA shares have gained 6.3% year to date compared with the Zacks Consumer Discretionary sector's rise of 6.8%. NWSA's Quarterly Details Adjusted revenues (which exclude the impacts of foreign currency, acquisitions and divestitures) were flat year over year. Total EBITDA increased 6% year over year to $329 million. News Corporation Price, Consensus and EPS Surprise News Corporation price-consensus-eps-surprise-chart | News Corporation Quote NWSA's Segment Details Digital Real Estate Services Revenues in the Digital Real Estate Services segment increased 4% year over year to $466 million, driven by higher revenues at REA Group, while Move revenues increased for the third consecutive quarter. Adjusted revenues and adjusted segment EBITDA increased 6% and 16% year over year, in Move increased 3% year over year to $148 million, mainly driven by strong revenue growth in sellers, new homes and rentals, including the partnership with Zillow and higher sales of RealPRO Select. Based on Move's internal data, the average monthly unique users of web and mobile sites fell 3% year over year to 72 million. Lead volume decreased 13% year over year, as it continued to be affected by high mortgage rates and affordability Group revenues rose 4% year over year to $318 million, driven by higher Australian residential revenues due to price increases and improved depth national residential buy listing volumes in the reported quarter were down 8% year over year, with listings in Sydney up 10% and Melbourne down 11%. Dow Jones The Dow Jones segment's revenues increased 7% year over year to $604 million, driven by higher circulation and subscription revenues from higher digital circulation revenues and continued growth in the professional information business. Digital revenues in the Dow Jones for the fiscal fourth quarter accounted for 83% of total revenues compared with 81% in the year-ago quarter. Adjusted revenues rose 5% year over and subscription revenues rose 8% year over year, primarily driven by a 10% increase in professional information business revenues, led by 21% growth in Risk & Compliance revenues to $92 million, which includes the contribution from the recent acquisitions of Dragonfly Intelligence and Oxford Analytica, and 12% growth in Dow Jones Energy revenues to $73 revenues grew 5% year over year, driven by continued growth in digital-only subscriptions and the conversion of customers from introductory promotions to higher pricing, but were offset by lower print volume. Digital circulation revenues accounted for 75% of circulation revenues for the quarter compared with 71% in the year-ago revenues rose 2% year over year in the fourth quarter of fiscal 2025, supported by a 3% increase in print advertising and a 1% uptick in digital advertising revenues. Digital advertising contributed 65% of total ad revenues, slightly down from 66% in the year-ago the fiscal fourth quarter, total average subscriptions to Dow Jones' consumer products were 6.3 million, representing a 7% increase compared with the year-ago quarter. Digital-only subscriptions to Dow Jones' consumer products grew 9% year over year to more than 5.7 subscriptions to The Wall Street Journal grew 7% year over year to more than 4.5 million average subscriptions in the quarter. Digital-only subscriptions to The Wall Street Journal grew 9% year over year to more than 4.1 million average subscriptions and represented 91% of its total subscriptions. Book Publishing The Book Publishing segment generated revenues of $494 million, down 4% year over year, reflecting softer consumer spending across the industry and a decline in notable frontlist titles. Key titles in the quarter included Remarkably Bright Creatures - Paperback edition by Shelby Van Pelt, The Griffin Sisters' Greatest Hits by Jennifer Weiner and Watch Me by Tahereh sales declined 3% year over year due to a 7% decrease in audiobook sales caused by the revenue trends. Digital sales represented 25% of Consumer revenues for the quarter, compared to 24% for the prior-year period. Backlist sales represented approximately 65% of Consumer revenues in the quarter compared with 62% in the prior-year quarter. News Media Revenues in the News Media segment fell 4% year over year to $545 million due to lower revenues from the transfer of third-party printing revenue contracts to News UK and DMG's joint venture, as well as low advertising revenues. Adjusted revenues for the segment decreased 4% year over year compared with the year-ago and subscription revenues increased 1% year over year, primarily driven by a $5 million, or 2% positive impact from foreign currency revenues decreased 4% year over year compared with the prior year, which included a $2 million, or 1%, positive impact from foreign currency fluctuations, primarily due to lower print advertising revenues at News Corp Australia, partly offset by higher advertising revenues at the New York revenues represented 38% of the News Media segment's revenues in the fiscal fourth quarter, compared with 37% in the prior-year quarter and represented 36% of the combined revenues of the newspaper of June 30, 2025, The Times and Sunday Times had 640K closing digital subscribers, including the Times Literary Supplement, compared with 594K in the year-ago New York Post's digital network reached 90 million unique users in June 2025 compared with 117 million in the prior Sun's digital offering reached 87 million global monthly unique users in June 2025 compared with 112 million in the prior year. Other Financial Aspects News Corp ended the fiscal fourth quarter with cash and cash equivalents of $2.4 billion, borrowings of $1.94 billion and stockholder equity of $8.77 billion. NWSA's Zacks Rank & Stocks to Consider Currently, News Corp carries a Zacks Rank #3 (Hold).Amer Sports, Inc. AS, Nexstar Media Group, Inc. NXST and Ralph Lauren Corporation RL are some better-ranked stocks in the broader sector. These three companies currently carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks Sports shares have gained 35.8% year to date. AS is set to report its second-quarter 2025 results on Aug. Media Group shares have appreciated 18.5% year to date. NXST is set to report its second-quarter 2025 results on Aug. Lauren shares have risen 29.6% year to date. RL is set to report its first-quarter fiscal 2026 results on Aug. 7. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report News Corporation (NWSA) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Nexstar Media Group, Inc. (NXST) : Free Stock Analysis Report Amer Sports, Inc. (AS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Times
6 days ago
- Business
- Times
News Corp beats Wall Street revenue estimates
News Corporation beat Wall Street estimates for fourth-quarter revenue after reporting strong subscriptions growth at its Dow Jones division and higher sales from digital real estate services. The multimedia group, which owns The Times, The Sunday Times and The Sun as well as The Wall Street Journal, the New York Post and The Australian, said overall revenue for the three months to the end of June was $2.11 billion, compared with consensus analysts' estimates of $2.09 billion, according to data compiled by FactSet. The Dow Jones division, which includes The Wall Street Journal, Barron's, MarketWatch and Investor's Business Daily, reported a 6.7 per cent rise in quarterly revenue to $604 million, as it benefited from higher digital subscriptions. Dow Jones revenue was also boosted by higher circulation and subscription revenues from its professional information business, offering regulatory, compliance and business intelligence products. Revenues from digital real estate services increased 4 per cent to $466 million, driven by higher revenues at REA Group, which operates Australia's leading real estate websites. The rise in group revenue was partly offset by lower revenues at the company's news media division, which fell 4 per cent to $545 million. The company's book publishing unit, which owns HarperCollins, saw its revenue fall 4 per cent to $494 million owing to a slowdown in consumer spending and a weaker selection of new titles. Overall net income from continuing operations in the quarter was $86 million, a 28 per cent increase compared with the same period a year ago. News Corp signed a multi-year agreement last year to bring news content from its publications to OpenAI. Robert Thomson, chief executive of News Corp, warned that the 'AI age must cherish the value of intellectual property if we are collectively to realise our potential'. He added: 'Much is made of the competition with China, but America's advantage is ingenuity and creativity, not bits and bytes, not watts but wit. To undermine that comparative advantage by stripping away IP rights is to vandalise our virtuosity'.
Yahoo
01-08-2025
- Business
- Yahoo
NWSA Set to Report Q4 Earnings: Buy Now or Wait for the Results?
News Corporation NWSA is scheduled to report fourth-quarter fiscal 2025 results on Aug. Zacks Consensus Estimate for revenues is pegged at $2.10 billion, indicating a decline of 18.37% from the year-ago quarter's consensus mark for earnings has remained steady at 19 cents per share in the past 30 days, indicating 11.76% growth year over Corp. has a mixed earnings surprise history. The company's earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, missed in one, and matched in the remaining quarter, resulting in an average surprise of 8.51%. News Corporation Price, Consensus and EPS Surprise News Corporation price-consensus-eps-surprise-chart | News Corporation Quote Let us see how things have shaped up for the upcoming announcement. Key Factors to Note Ahead of NWSA's Q4 Results NWSA's fourth-quarter fiscal 2025 performance is expected to have benefited from continued strength across its core growth pillars — Digital Real Estate, Book Publishing and Dow Jones. The completion of the Foxtel divestiture following the quarter's close underscores its strategic focus on these high-performing segments, while its disciplined capital return strategy and key partnerships further enhanced financial flexibility and operational momentum during the the fiscal fourth quarter of 2025, the company strengthened its intelligence capabilities through the acquisitions of Oxford Analytica and DragonFly Intelligence, enhancing its offerings in geopolitical and macroeconomic analysis. Dow Jones Energy posted 10% revenue growth, supported by continued investment in proprietary pricing tools and real-time analytics, including a new carbon and clean fuels platform designed to help clients navigate the energy transition. Meanwhile, the Professional Information segment showed early signs of recovery, as the impact of a prior client dispute affecting Factiva began to subside. These strategic moves are expected to have contributed meaningfully to NWSA's performance in the to-be-reported is also likely to have performed well, driven by increased demand across rental, seller and new-home categories, which now contribute 22% of revenues. Ongoing reinvestments in technology, content and a fresh ad campaign likely enhanced user engagement. A strategic focus on higher-quality leads drove stronger revenue per lead, helping to mitigate softer volumes amid continued housing affordability pressures. The company expects the rate of reinvestment to be modestly higher in the fiscal fourth quarter as it continues to focus on growth initiatives and plans to launch a new ad campaign in the Corp.'s decision to authorize a $1 billion share repurchase reflects its confidence in both financial health and long-term prospects. Strengthened by $539 million in free cash flow for the nine months ended March 31, 2025, and over $2.1 billion in cash balance as of March 31, 2025, the company ended the fiscal third quarter with net cash of $130 million. This foundation enables buybacks without limiting investment priorities. This initiative is expected to have supported a stronger fiscal fourth-quarter 2025 Corp. is expected to have faced headwinds due to ongoing advertising turbulence, particularly within its News Media segment, where revenues declined approximately 8% in the fiscal third quarter, a drag that is likely to have persisted into the fiscal fourth quarter as well. Advertising revenues fell $19 million in the fiscal third quarter alone, weighing on segment performance despite cost-cutting efforts. This continued softness in ad sales is likely to have hurt the to-be-reported quarter. What Our Model Says for NWSA Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, this is not the case here, as you can see Corp. currently has an Earnings ESP of 0.00% and carries a Zacks Rank #2. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Stocks to Consider Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:Amer Sports, Inc. AS has an Earnings ESP of +50.00% and sports a Zacks Rank #1 at present. You can see the complete list of today's Zacks #1 Rank stocks Sports shares have appreciated 34.3% in the year-to-date period. AS is set to report its second-quarter 2025 results on Aug. Lauren Corp. RL has an Earnings ESP of +1.21% and a Zacks Rank of 2 at Lauren shares have rallied 29.4% in the year-to-date period. RL is set to report its first-quarter fiscal 2026 results on Aug. Group, Inc. RVLV has an Earnings ESP of +7.53% and a Zacks Rank of 2 at Group shares have declined 38% in the year-to-date period. RVLV is set to report its second-quarter 2025 results on Aug. 5. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report News Corporation (NWSA) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Revolve Group, Inc. (RVLV) : Free Stock Analysis Report Amer Sports, Inc. (AS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Toronto Sun
28-07-2025
- Business
- Toronto Sun
Trump seeks quick Murdoch deposition in Wall Street Journal lawsuit over Epstein story
Published Jul 28, 2025 • 1 minute read People walk past the News Corporation building in midtown Manhattan, which houses both the Wall Street Journal and Dow Jones & Co., on July 22, 2025, in New York City. Photo by Spencer Platt / Getty Images President Donald Trump is asking a federal court in Florida to force Rupert Murdoch to give a deposition for the president's lawsuit against The Wall Street Journal within 15 days, citing the media mogul's age and physical condition. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Trump sued the Journal, owned by Murdoch, is U.S. District Court in southern Florida on July 18 for its story reporting on the Republican president's ties to Jeffrey Epstein, the financier and alleged child sex trafficker who died in a New York jail in 2019 before trial. The president's motion to the court on Monday noted Murdoch is 94 years old, is believed to have suffered several health scares in recent years and is presumed to live in New York. 'Taken together, these factors weigh heavily in determining that Murdoch would be unavailable for in-person testimony at trial,' Trump's request to the court said. A spokesman for Murdoch's News Corp. did not immediately return a request for comment. Trump's motion said that, in a telephone conversation, Murdoch's lawyer indicated he would oppose the effort. Golf Wrestling World News Celebrity
