News Corporation Reports First Quarter Results for Fiscal 2020

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. LRCX
6. LVS
7. SAP
8. CSX
9. SPY
10. KNX

Go back to News Corporation Reports First Quarter Results for Fiscal 2020

News Corp (NWSA) Misses Q1 EPS by 1c, Revenues Miss

November 7, 2019 4:55 PM EST

News Corp (NASDAQ: NWSA) reported Q1 EPS of $0.04, $0.01 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $2.34 billion versus the consensus estimate of $2.4 billion.

FISCAL 2020 FIRST QUARTER KEY FINANCIAL HIGHLIGHTS

Revenues were $2.34 billion, a 7% decline compared to $2.52 billion in the prior year, which reflects the negative impact from currency headwinds and the absence of a one-time benefit in the prior year relating to the exit from Sun BetsNet loss was ($211) million compared to net income of $128 million in the prior year. The loss includes non-cash impairment charges of $273... More