News Corporation Reports Second Quarter Results for Fiscal 2021

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News Corp (NWSA) Tops Q2 EPS by 24c, Revenues Beat

February 4, 2021 4:02 PM EST

News Corp (NASDAQ: NWSA) reported Q2 EPS of $0.34, $0.24 better than the analyst estimate of $0.10. Revenue for the quarter came in at $2.41 billion versus the consensus estimate of $2.24 billion.

FISCAL 2021 SECOND QUARTER KEY FINANCIAL HIGHLIGHTS

Revenues were $2.41 billion, a 3% decline compared to $2.48 billion in the prior year Adjusted Revenues increased 2% compared to the prior yearNet income of $261 million compared to $103 million in the prior yearTotal Segment EBITDA was $497 million compared to $355 million in the prior yearReported diluted EPS were $0.39 compared to $0.14 in the prior year Adjusted EPS were $0.34 compared to $0.18 in... More