News Corporation Reports Fourth Quarter and Full Year Results for Fiscal 2019

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News Corp (NWS) Tops Q4 EPS by 4c

August 8, 2019 5:18 PM EDT

News Corp (NASDAQ: NWS) (NASDAQ: NWSA) reported Q4 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $2.47 billion versus the consensus estimate of $2.55 billion.

The Company reported fiscal 2019 fourth quarter total revenues of $2.47 billion, an 8% decline compared to $2.69 billion in the prior year period, primarily due to the $105 million negative impact from foreign currency fluctuations, lower revenues at... More