Recap: News Q2 Earnings

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News NWSA reported its Q2 earnings results on Wednesday, February 7, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

News beat estimated earnings by 36.84%, reporting an EPS of $0.26 versus an estimate of $0.19.

Revenue was up $65.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 1.74% drop in the share price the next day.

Here's a look at News's past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.10 0.09 0.05 0.19
EPS Actual 0.16 0.14 0.09 0.14
Revenue Estimate 2.47B 2.48B 2.37B 2.55B
Revenue Actual 2.50B 2.43B 2.45B 2.52B

To track all earnings releases for News visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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