Earnings Beat and Revenue Growth
News Corp reported fourth‑quarter revenue of $2.340 billion, an 11 % increase from the previous year. Adjusted earnings per share were $0.33, surpassing analysts’ expectations of $0.24 and $0.26 from two major rating agencies. The company’s profit of $179 million represents a decline from $743 million in the same period last year, primarily due to higher operating costs and one‑time charges.
Analyst Reactions
Morgan Stanley raised its price target for News Corp after the earnings announcement, citing the company’s strong performance in its real‑estate and Dow Jones segments. Zacks and other analysts confirmed the earnings beat, noting a core growth increase and a year‑over‑year rise in revenue.
Strategic Focus
News Corp has set a target of $1 billion EBITDA for its Dow Jones business by fiscal year 2030, with plans to expand margins further. The company’s pivot from traditional print media to a digital‑first model is credited with supporting the revenue gains in real‑estate and Dow Jones strength.
Market Position
- Sector: Communication Services
- Industry: Media
- Market Cap: $17.4 billion
- Price‑to‑Earnings Ratio: 38.44
- Stock Price (4 Aug 2026): $33.13
- 52‑Week High (21 Aug 2025): $35.26
- 52‑Week Low (12 Feb 2026): $25.49
Corporate Governance
News Corp issued a statement regarding the issuance of common shares (CDIs) on the Australian Securities Exchange. An extraordinary general meeting notice was corrected, but no material change to shareholder structure was reported.
External Commentary
The company’s CEO, Robert Thomson, publicly criticized AI firms he described as “crass kleptomaniacs,” citing concerns over the use of proprietary content. This stance attracted media attention, though it did not materially affect the company’s financial performance in the reporting period.
The above summary consolidates the key financial metrics, analyst reactions, strategic goals, and corporate developments reported for News Corp during the fourth quarter of 2026.
