News (NASDAQ:NWSA – Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect News to post earnings of $0.16 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
News (NASDAQ:NWSA – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. News had a net margin of 2.64% and a return on equity of 4.51%. The firm had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.49 billion. The company’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 earnings per share. On average, analysts expect News to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
News Trading Up 1.6 %
NWSA opened at $27.85 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 1.43 and a debt-to-equity ratio of 0.32. The stock’s fifty day moving average is $26.59 and its two-hundred day moving average is $26.69. The company has a market capitalization of $15.84 billion, a P/E ratio of 60.54 and a beta of 1.34. News has a 52 week low of $20.35 and a 52 week high of $28.62.
News Announces Dividend
Analysts Set New Price Targets
NWSA has been the topic of a number of research reports. Loop Capital raised their target price on shares of News from $38.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, September 10th. JPMorgan Chase & Co. boosted their price objective on shares of News from $34.00 to $37.00 and gave the stock an “overweight” rating in a research note on Thursday, August 15th. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $38.00.
Check Out Our Latest Analysis on News
News Company Profile
News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates through six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other.
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