News Corporation Reports Third Quarter Results for Fiscal 2018

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News Corp. (NWSA) PT Raised to $18.60 at Deutsche Bank

May 11, 2018 8:13 AM EDT

Deutsche Bank raised its price target on News Corp. (NASDAQ: NWSA) to $18.60 (from $18.00) while maintaining a Buy rating.

Analyst Entcho Raykovski commented, "News Corp's 3Q18 results were largely in line with our estimates, with EBITDA of $182m (DBe $182m, Cons $181m). Whilst the... More

News Corp (NWSA) Misses Q3 EPS by 1c

May 10, 2018 4:19 PM EDT

News Corp (NASDAQ: NWSA) reported Q3 EPS of $0.06, $0.01 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $1.99 billion.

Revenues of $2.10 billion, a 6% increase compared to $1.98 billion in the prior year, with growth in... More