News: Q2 Earnings Insights

News NWSA reported its Q2 earnings results on Thursday, February 3, 2022 at 04:00 PM.

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

News beat estimated earnings by 41.94%, reporting an EPS of $0.44 versus an estimate of $0.31, which surprised analysts.

Revenue was up $303.00 million from the same period last year.

Last quarter the company beat on EPS by $0.09, which was followed by a 3.83% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.14	0.03	0.04	0.10
EPS Actual	0.23	0.16	0.09	0.34
Revenue Estimate	2.35B	2.21B	2.19B	2.24B
Revenue Actual	2.50B	2.49B	2.33B	2.41B

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

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