News Corp Tops Q4 Revenue Estimates on Strength in Digital Real Estate, Books and Dow Jones Subscriptions
On Aug 5, News Corp reported fourth-quarter results that exceeded revenue forecasts, driven by gains in digital real estate services, book publishing and its Dow Jones subscription business. The company recorded $2.34 billion in revenue, beating consensus estimates, and posted adjusted earnings per share of $0.35, nearly double the prior-year figur…