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News Corp earnings: 7 cents per
share vs 1 cent expected

CNBC, by Spencer Kimball

Original Article

Posted By:Drive, 11/10/2017 7:48:35 AM

News Corp. blew past earnings expectations Thursday, as the company presses ahead with efforts to turn its print news publications, such as The Wall Street Journal, into digital-first operations. Here´s how the company did compared to what Wall Street expected: EPS: 7 cents vs. 1 cent expected, according to Thomson Reuters Revenue: $2.06 billion vs. $1.97 billion expected, according to Thomson Reuters News Corp. shares initially jumped more than 2 percent in after-hours trading Thursday, before falling flat. In the year-ago quarter, News Corp. posted earnings per share a penny on $1.96 billion in revenue. News Corp. is the publishin

      


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Reply 1 - Posted by: zoidberg, 11/10/2017 10:46:23 AM     (No. 11447664)

I´m guessing the NYT will report it as "News Corp. Misses Guidance."

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