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Besides Wall Street's top -and-bottom-line estimates for News Corp. (NWSA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
NWSA's Q2 fiscal 2025 performance is expected to have reflected steady growth in Book Publishing and Digital Real Estate services, offset by declining ad revenues.
News Corp. (NWSA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The average of price targets set by Wall Street analysts indicates a potential upside of 33.6% in News Corp. (NWSA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Sun newspaper owner News Corp (NASDAQ:NWSA) has issued a grovelling apology to Prince Harry in their long-running legal action over the hacking of the Royal's private phone. In a statement, the Rupert Murdoch-controlled and US-listed Newscorp (NGN) said: “NGN offers a full and unequivocal apology to the Duke of Sussex for the serious intrusion by The Sun between 1996 and 2011 into his private life, including incidents of unlawful activities carried out by private investigators working for The Sun.
Citi analyst Jason Bazinet initiated coverage of News Corp. with a Buy rating and $36 price target. Over the next 24 months, the firm expects management to increase the ownership of REA from 61% to 80% and spin-off REA to News Corp's shareholders. Collectively, these levers could unlock $22 of share value, the analyst tells investors in a research note. At prevailing share levels, Citi sees $2 of downside and $22 of upside, a favorable risk/reward.
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News Corp (NWSA) shares gained Monday when Rupert Murdoch's media company and Australian telecom company Telstra agreed to sell their interest in subscription TV and streaming service Foxtel to sports streaming service DAZN Group for an enterprise value of 3.4 billion Australian dollars ($2.12 billion).
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Rupert Murdoch has failed in his bid to alter his family trust to ensure control of his media empire passes solely to his son Lachlan, according to a sealed court decision cited by the New York Times. Nevada commissioner Edmund Gorman ruled that Rupert and Lachlan Murdoch acted in "bad faith" in attempting to amend the irrevocable trust.