News Q4 2024 Adj. EPS $0.17 Beats $0.14 Estimate, Sales $2.577B Beat $2.472B Estimate
Portfolio Pulse from Benzinga Newsdesk
News Corp (NASDAQ:NWSA) reported Q4 2024 adjusted EPS of $0.17, beating the $0.14 estimate by 21.43%. Sales were $2.577 billion, surpassing the $2.472 billion estimate by 4.26%, and up 5.92% from last year's $2.433 billion.
August 08, 2024 | 8:17 pm
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News Corp (NWSA) reported strong Q4 2024 earnings, with EPS of $0.17 beating estimates by 21.43% and sales of $2.577 billion exceeding expectations by 4.26%. Sales also increased by 5.92% year-over-year.
The strong earnings report, with both EPS and sales beating estimates, is likely to positively impact NWSA's stock price in the short term. The year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100