News Corp (NWSA, Financial) is set to release its Q4 2024 earnings on Aug 8, 2024. The consensus estimate for Q4 2024 revenue is $2,471.65 million, and the earnings are expected to come in at $0.09 per share. The full year 2024's revenue is expected to be $9.99 billion and the earnings are expected to be $0.50 per share. More detailed estimate data can be found on the Estimates page.
News Corp (NWSA, Financial) Estimates Trends
Revenue estimates for News Corp (NWSA) have declined from $10,078.89 million to $9,990.59 million for the full year 2024, and from $10,459.17 million to $10,335.76 million for 2025 over the past 90 days. Earnings estimates for News Corp (NWSA) have declined from $0.56 per share to $0.50 per share for the full year 2024, and from $0.85 per share to $0.84 per share for 2025 over the past 90 days.
News Corp (NWSA, Financial) Reported History
In the previous quarter of 2024-03-31, News Corp's (NWSA) actual revenue was $2,423 million, which missed analysts' revenue expectations of $2,452.74 million by -1.21%. News Corp's (NWSA) actual earnings were $0.05 per share, which missed analysts' earnings expectations of $0.08 per share by -37.5%. After releasing the results, News Corp (NWSA) was up by 2.65% in one day.
News Corp (NWSA, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for News Corp (NWSA) is $32.28 with a high estimate of $38 and a low estimate of $28.65. The average target implies an upside of 23.9% from the current price of $26.05.
Based on GuruFocus estimates, the estimated GF Value for News Corp (NWSA, Financial) in one year is $22.30, suggesting a downside of -14.4% from the current price of $26.05.
Based on the consensus recommendation from 8 brokerage firms, News Corp's (NWSA, Financial) average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
