News Corporation (NWSA), founded in 2012 and headquartered in New York City, is a global media and information services leader. With a market cap of 15.6 billion, News Corporation is committed to delivering trusted news, engaging content, and innovative digital solutions across multiple platforms. Operating in over 100 countries, the company connects audiences with its diverse portfolio of leading brands. News Corporation is set to release its second-quarter earnings on Wednesday, Feb. 5.
Ahead of the event, analysts expect NWSA to report a profit of $0.30 per share, up 15.4% from $0.26 in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates over the past four quarters.
Its adjusted earnings of $0.21 per share for the last quarter surpassed the consensus estimate by 31.3%, driven by strong digital real estate growth and subscription revenue.
For fiscal 2025, analysts expect NWSA to report EPS of $0.86, up 22.9% from $0.70 in fiscal 2024. Looking forward to fiscal 2026, its EPS is projected to grow 31.4% year-over-year to $1.13.
News Corporation's shares have gained 13.2% over the past 52 weeks, underperforming the S&P 500 Index's ($SPX) 22% gain and the Communication Services Select Sector SPDR ETF Fund's (XLC) 29.9% increase in the same period.
Shares of News Corporation gained marginally on Nov. 7 after its Q1 earnings report exceeded expectations, with revenues of $2.6 billion topping estimates and marking a 3.1% year-over-year increase. Total Segment EBITDA reached $415 million, the highest for the first quarter since the company’s separation, up from $364 million a year ago.
The consensus from seven analysts on NWSA stock is very bullish, with all unanimously issuing a "Strong Buy" recommendation.
NWSA's average analyst price target is $37.33, indicating a 36% potential upside from the current price levels.
