Recap: News Q3 Earnings

News NWSA reported its Q3 earnings results on Thursday, May 11, 2023 at 04:15 PM.

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

Earnings

News beat estimated earnings by 80.0%, reporting an EPS of $0.09 versus an estimate of $0.05.

Revenue was down $45.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 9.37% drop in the share price the next day.

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

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.