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BRIEF-News Corp Reports Q2 Adjusted Earnings Per Share Of $0.34

· 02/04/2021 16:18
BRIEF-News Corp Reports Q2 Adjusted Earnings Per Share Of $0.34

- News Corp NWSA.O:

  • ORATION REPORTS SECOND QUARTER RESULTS FOR FISCAL 2021

  • Q2 EARNINGS PER SHARE $0.39

  • Q2 REVENUE $2.41 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.24 BILLION

  • Q2 ADJUSTED EARNINGS PER SHARE $0.34

  • Q2 EARNINGS PER SHARE ESTIMATE $0.11 -- REFINITIV IBES DATA

  • NEWS MEDIA REVENUES IN QUARTER DECREASED $238 MILLION, OR 29%, AS COMPARED TO PRIOR YEAR

  • QTRLY BOOK PUBLISHING REVENUE $544 MILLION VERSUS $442 MILLION REPORTED LAST YEAR

  • QTRLY DIGITAL REAL ESTATE SERVICES REVENUE $339 MILLION VERSUS $294 MILLION REPORTED LAST YEAR

  • EXPECTS COSTS TO INCREASE BY AT LEAST $50 MILLION IN SECOND HALF OF FISCAL 2021

Source text for Eikon: ID:nBw77zhXHa

Further company coverage: NWSA.O


((Reuters.Briefs@thomsonreuters.com;))