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News (NASDAQ:NWS) Posts Earnings Results
['Patrick Bannon']
Daily Political
News (NASDAQ:NWS – Get Free Report) released its quarterly earnings results on Wednesday.
The company reported $0.35 earnings per share 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 the consensus estimate of $2.25 billion.
Dow Jones EBITDA grew 20%, Digital Real Estate Services EBITDA surged 46%, and HarperCollins revenue increased 15%; management also reiterated its path toward $1 billion of Dow Jones EBITDA by fiscal 2030.
One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock.