News Corp (NWSA) Tops Q3 EPS by 2c
News Corp (NASDAQ: NWSA) (NYSE: NWS) reported Q3 EPS of $0.07, $0.02 better than the analyst estimate of $0.05. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $1.86 billion.
- Revenues of $1.98 billion, a 5% increase compared to $1.89 billion in the prior year
- Income (loss) from continuing operations was break-even, compared to ($128) million in the prior year
- Digital Real Estate Services segment contributed to strong growth in Total Segment EBITDA; Total Segment EBITDA was $215 million compared to ($122) million in the prior year, which included the NAM Group settlement charge of $280 million
- Reported EPS were ($0.01) compared to ($0.26) in the prior year – Adjusted EPS were $0.07 compared to $0.04 in the prior year
- Realtor.com® achieved record traffic in the quarter with 55 million average monthly unique users
For earnings history and earnings-related data on News Corp (NWSA) click here.