Overview

* News Corp ( NWSA ) fiscal Q1 rev rises 2% yr/yr, beating analyst expectations

* Adjusted EPS for fiscal Q1 beats consensus, rising to $0.22

* Company accelerates share repurchases, running at over four times fiscal 2025 pace

Outlook

* Company expects strong free cash flow for fiscal 2026

Result Drivers

* DOW JONES GROWTH - Higher circulation and subscription revenues at Dow Jones driven by professional information business growth

* DIGITAL REAL ESTATE SERVICES - Segment growth driven by higher contributions from REA Group and Move

* BOOK PUBLISHING CHALLENGES - Segment EBITDA impacted by $13 mln write-off of customer receivable and lower revenues

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $2.14 $2.10

Revenue bln bln (5

Analysts

)

Q1 Beat $0.22 $0.18 (5

Adjusted Analysts

EPS )

Q1 $340 mln

Segment

EBITDA

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the consumer publishing peer group is "buy"

* Wall Street's median 12-month price target for News Corp ( NWSA ) is $38.00, about 32.5% above its November 5 closing price of $25.64

* The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)