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:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.19 | 0.15 | 0.21 | 0.14 |
| EPS Actual | 0.14 | 0.12 | 0.37 | 0.16 |
| Revenue Estimate | 2.55B | 2.49B | 2.59B | 2.50B |
| Revenue Actual | 2.52B | 2.48B | 2.67B | 2.49B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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