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News (NASDAQ:NWS) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS
['Kim Johansen']
Markets Daily
News (NASDAQ:NWS – Get Free Report) posted its quarterly earnings results on Wednesday.
The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.11, FiscalAI reports.
The company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.25 billion.
Millennium Management LLC purchased a new position in shares of News during the fourth quarter valued at about $17,701,000.
One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock.