News (NWSA) Projected to Post Quarterly Earnings on Wednesday

News (NASDAQ:NWSAGet Free Report) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect News to post earnings of $0.29 per share and revenue of $2.66 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

News (NASDAQ:NWSAGet Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.05. The firm had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.56 billion. News had a net margin of 3.49% and a return on equity of 4.76%. During the same quarter in the previous year, the business earned $0.16 EPS. On average, analysts expect News to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

News Trading Down 1.0 %

Shares of NASDAQ:NWSA opened at $28.15 on Wednesday. News has a 52-week low of $22.65 and a 52-week high of $30.03. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.26 and a current ratio of 1.38. The company has a market cap of $16.01 billion, a P/E ratio of 45.40 and a beta of 1.35. The stock’s 50-day moving average is $28.31 and its 200-day moving average is $27.55.

Analyst Upgrades and Downgrades

NWSA has been the topic of several recent analyst reports. Guggenheim lifted their price target on News from $40.00 to $43.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. Loop Capital dropped their target price on shares of News from $44.00 to $41.00 and set a “buy” rating on the stock in a research report on Monday, December 23rd. StockNews.com raised shares of News from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Citigroup began coverage on shares of News in a report on Friday, January 10th. They set a “buy” rating and a $36.00 price objective on the stock. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $39.25.

Read Our Latest Stock Report on NWSA

News Company Profile

(Get Free Report)

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.

Read More

Earnings History for News (NASDAQ:NWSA)

Receive News & Ratings for News Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for News and related companies with MarketBeat.com's FREE daily email newsletter.