- Adjusted EPS for Q4 is 17 cents, beating the estimate of 16 cents and up from 14 cents year-over-year (y/y).
- Revenue increased by 5.9% y/y to $2.58 billion, surpassing the estimate of $2.49 billion.
- Digital Real Estate Services revenue surged by 21% y/y to $448 million, exceeding the estimate of $406.2 million.
- Subscription Video Services revenue grew by 1% y/y to $506 million, above the estimate of $492.7 million.
- Dow Jones revenue rose by 3.7% y/y to $566 million, slightly higher than the estimate of $562.6 million.
- Book Publishing revenue jumped by 15% y/y to $512 million, beating the estimate of $479.8 million.
- News Media revenue fell by 4.6% y/y to $545 million, still higher than the estimate of $537.3 million.
- EBITDA increased by 11% y/y to $380 million, topping the estimate of $357.3 million.
- Digital Real Estate Services EBITDA climbed by 25% y/y to $135 million, surpassing the estimate of $119.5 million.
- Subscription Video Services EBITDA decreased by 5.1% y/y to $74 million, slightly below the estimate of $74.9 million.
- Dow Jones EBITDA rose by 3% y/y to $137 million, close to the estimate of $137.6 million.
- Book Publishing EBITDA significantly increased to $57 million versus $16 million y/y, beating the estimate of $45.5 million.
- News Media EBITDA dropped by 38% y/y to $28 million, below the estimate of $34.6 million.
- Cash and cash equivalents grew by 6.9% y/y to $1.96 billion, slightly under the estimate of $2.02 billion.
- Analyst recommendations: 7 buy, 0 hold, 1 sell.
A look at News Corp Class A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
News Corp Class A, a company operating in the publishing industry, has a mixed outlook based on the Smartkarma Smart Scores. With above-average scores in Growth and Momentum, News Corp shows promise for future expansion and market performance. The high Growth score indicates strong potential for increasing revenues and market share, while the Momentum score suggests positive stock price trends. However, the company receives average scores in Value, Resilience, and Dividend, indicating that investors may need to carefully consider these factors when evaluating the long-term prospects of News Corp.
In summary, News Corp Class A, a player in the publishing sector, displays a positive outlook for growth and market performance according to the Smartkarma Smart Scores. However, the company’s overall standing is influenced by average scores in Value, Resilience, and Dividend. Investors looking at News Corp should pay attention to these factors in order to make informed decisions about the company’s long-term prospects in the ever-evolving publishing industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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