News Corp. reports Q4 adjusted EPS 19c, consensus 18c

Reports Q4 revenue $2.11B, consensus $2.09B. Commenting on the results, Chief Executive Robert Thomson said: “News Corp (NWS) reported a sterling performance sustained across the four quarters of Fiscal 2025. For the full year, revenues rose 2 percent to nearly $8.5 billion and our net income from continuing operations improved substantially, increasing 71 percent to $648 million, while Total Segment EBITDA improved 14 percent to a new record on a continuing operations basis of over $1.4 billion. These robust results have enhanced our financial position and thus our ability to return capital to shareholders. Last month, the Board of Directors authorized a new $1 billion stock repurchase program, in addition to the approximately $300 million remaining from the previous $1 billion program authorized four years ago. We expect to begin executing repurchases at an accelerated rate shortly after the release of these results. This significantly larger total and significantly faster tempo emphasize our belief in the Company’s financial strength. The AI age must cherish the value of intellectual property if we are collectively to realize our potential. Much is made of the competition with China, but America’s advantage is ingenuity and creativity, not bits and bytes, not watts but wit. To undermine that comparative advantage by stripping away IP rights is to vandalize our virtuosity. Even the President of the United States is not immune to this blatant theft. The President’s books are still reporting healthy sales, but are being consumed by AI engines which profit from his thoughts by cannibalizing his concepts, thus undermining future sales of his books. Suddenly, The Art of the Deal has become The Art of the Steal.”