News Corporation Reports First Quarter Results for Fiscal 2017
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News (NWSA) EBITDA Beat, But Print Trends Remain Weak - Jefferies
November 8, 2016 7:33 AM ESTJefferies analyst John Janedis reiterated a Buy rating and $18 price target on News Corp. (NASDAQ: NWSA) as EBITDA beat, but print trends remain soft.
Janedis commented, "NWSA reported F1Q Adj EBITDA of $137M (ex. Wireless Group transaction exp), slightly better... More
News Corp (NWSA) Reports Q1 Loss of $0.01
November 7, 2016 4:25 PM ESTNews Corp (NASDAQ: NWSA) (NYSE: NWS) reported Q1 EPS of ($0.01), versus $0.05 reported last year. Revenue for the quarter came in at $1.97 billion versus the consensus estimate of $1.96 billion.
Commenting on the results, Chief Executive Robert Thomson said:
News Corp made real progress as it continued to drive higher digital revenues and position the Company for long-term growth. While the quarter presented some obvious... More
