From Nasdaq: 2025-05-09 13:13:00

News Corporation (NWSA) reported Q3 fiscal 2025 earnings of 17 cents per share, missing estimates but up 54.5% YoY. Revenues of $2.01 billion increased 1% YoY. NWSA shares rose 1.06% in pre-market trading post-earnings release, driven by growth in Digital Real Estate Services, Book Publishing, and Dow Jones segments.

NWSA shares have gained 3.4% YTD against the Consumer Discretionary sector’s 0.3% decline. Adjusted revenues increased 2% YoY, with total EBITDA up 12% YoY to $290 million. Digital Real Estate Services segment saw revenues rise 5% YoY to $406 million, while Dow Jones segment revenues increased 6% YoY to $575 million.

In Q3, NWSA completed the sale of Foxtel Group to DAZN, receiving a minority equity stake in DAZN. Dow Jones segment’s revenues saw a 6% YoY increase to $575 million, driven by higher circulation and subscription revenues. Book Publishing segment reported revenues of $514 million, up 2% YoY.

News Media segment revenues fell 8% YoY to $514 million due to lower advertising revenues. Digital revenues accounted for 39% of the segment’s revenues. NWSA ended Q3 with cash and cash equivalents of $2.09 billion, borrowings of $1.95 billion, and stockholder equity of $8.20 billion.

News Corporation carries a Zacks Rank #4 (Sell). Better-ranked stocks include Advance Auto Parts (AAP), Alibaba (BABA), and Canada Goose (GOOS). AAP carries a Zacks Rank #1 (Strong Buy), while BABA and GOOS have a Zacks Rank #2 (Buy). Foxtel’s sale, Dow Jones segment growth, and Book Publishing segment’s performance were key highlights in Q3.



Read more at Nasdaq: NWSA Misses Q3 Earnings Estimates, Shares Up on Strong Top-Line Growth