News Corp (NWSA) Tops Q4 EPS by 2c

News Corp (NASDAQ: NWSA) reported Q4 EPS of $0.08, $0.02 better than the analyst estimate of $0.06. Revenue for the quarter came in at $2.69 billion versus the consensus estimate of $2.68 billion.

• Revenues of $2.69 billion, a 29% increase compared to $2.08 billion in the prior year, reflecting the consolidation of Foxtel and robust performance across the Company
• Net loss of ($355) million, which includes the non-cash impact resulting from the combination of Foxtel and FOX SPORTS Australia of ($337) million, compared to a net loss of ($424) million in the prior year
• Total Segment EBITDA was $312 million including the results of Foxtel, compared to $215 million in the prior year
• Reported EPS were ($0.64) compared to ($0.74) in the prior year – Adjusted EPS were $0.08 compared to $0.11 in the prior year
• Digital revenues represented 30% of News and Information Services segment revenues, compared to 26% in the prior year, reflecting strong paid digital subscriber growth at mastheads
• Book Publishing segment posted a record quarter in revenues
• Digital Real Estate Services segment revenues grew 19%, reflecting continued yield improvements at both REA Group and realtor.com®

For earnings history and earnings-related data on News Corp (NWSA) click here.

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