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Here's What Key Metrics Tell Us About News Corp. (NWSA) Q4 Earnings

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News Corp. (NWSA - Free Report) reported $2.58 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.9%. EPS of $0.17 for the same period compares to $0.14 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $2.53 billion, representing a surprise of +2.06%. The company delivered an EPS surprise of +13.33%, with the consensus EPS estimate being $0.15.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how News Corp. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues by Product (GAAP)- Dow Jones

    : $566 million versus $565.22 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3.7% change.
  • Revenues by Product (GAAP)- Book Publishing

    : $512 million versus the two-analyst average estimate of $506.78 million. The reported number represents a year-over-year change of +14.8%.
  • Revenues by Product (GAAP)- Subscription Video Services - Advertising

    : $72 million versus $61.82 million estimated by two analysts on average.
  • Revenues by Product (GAAP)- Subscription Video Services - Other

    : $8 million compared to the $12.51 million average estimate based on two analysts.
  • Revenues by Product (GAAP)- Dow Jones - Circulation and subscription

    : $449 million compared to the $451.42 million average estimate based on two analysts.
  • Revenues by Product (GAAP)- Dow Jones - Advertising

    : $102 million versus the two-analyst average estimate of $99.92 million.
  • Revenues by Product (GAAP)- Dow Jones - Other

    : $15 million compared to the $13.89 million average estimate based on two analysts.
  • Revenues by Product (GAAP)- Book Publishing - Consumer

    : $487 million versus the two-analyst average estimate of $483.81 million.
  • Revenues by Product (GAAP)- Book Publishing - Other

    : $25 million compared to the $22.98 million average estimate based on two analysts.
  • Revenues by Product (GAAP)- News Media - Circulation and subscription

    : $263 million compared to the $273.57 million average estimate based on two analysts.
  • Revenues by Product (GAAP)- News Media - Advertising

    : $209 million compared to the $207.16 million average estimate based on two analysts.
  • Revenues by Product (GAAP)- News Media - Other

    : $73 million compared to the $74.44 million average estimate based on two analysts.
View all Key Company Metrics for News Corp. here>>>

Shares of News Corp. have returned -6.3% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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