Earnings Preview: News
Portfolio Pulse from Benzinga Insights
News Corporation (NASDAQ:NWSA) is set to release its latest quarterly earnings report on August 10, 2023. Analysts estimate an earnings per share (EPS) of $0.09. The company's stock price has historically been affected by its earnings performance and guidance. Last quarter, News Corporation beat EPS estimates by $0.04, resulting in an 8.48% increase in share price the next day. The company's shares were trading at $20.38 as of August 08, with a 52-week increase of 9.32%.
August 09, 2023 | 2:01 pm
News sentiment analysis
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NEUTRAL IMPACT
News Corporation's upcoming earnings report could impact its stock price. Last quarter's EPS beat led to an 8.48% increase in share price. The stock is currently trading at $20.38.
News Corporation's stock price has historically been influenced by its earnings performance and guidance. Given that the company beat EPS estimates last quarter and saw a significant increase in its share price, the upcoming earnings report could have a similar impact. However, it's also important to note that other factors could influence the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100