The earnings call revealed strong financial performance and strategic moves such as the sale of Foxtel and growth in key segments like Digital Real Estate and Book Publishing. However, there were challenges in the News Media segment and the US housing market, along with a significant impact from a Factiva customer dispute.

Company Guidance

In the fiscal second quarter of 2025, News Corp reported robust financial performance, with revenues from continuing operations increasing 5% to $2.24 billion. Profitability showed a significant rise of 20%, reaching $478 million. The company highlighted a 58% surge in net income from continuing operations to $306 million, and earnings per share (EPS) from continuing operations improved to $0.40 from $0.28 in the previous quarter. The overall margin increased from 18.7% to 21.4%. Significant growth was observed in the Digital Real Estate segment, with a 13% rise in revenue to $473 million and a segment EBITDA margin increase of 26% to $185 million. The Dow Jones segment also performed well, with revenue growing 3% to $600 million and segment EBITDA expanding 7% to $174 million. Additionally, Book Publishing saw an 8% increase in revenue to $595 million and a 19% rise in segment EBITDA to $101 million. News Corp's strategic decision to sell Foxtel to DAZN for AUD 3.4 billion further underscored its focus on core growth pillars and enhanced its balance sheet, contributing to an upgrade in its credit rating to investment grade by both S&P Global and Moody's.

Revenue and Profitability Growth

Revenues on a continuing operations basis grew 5% to $2.24 billion, while profitability rose 20% to $478 million. Net income from continuing operations increased by 58% to $306 million compared to the same quarter in the previous year.

Sale of Foxtel to DAZN

News Corp agreed to sell Foxtel to DAZN for a total enterprise value of AUD 3.4 billion. News Corp will hold an approximate 6% stake in DAZN post-sale.

Digital Real Estate Performance

Digital real estate revenue increased 13% to $473 million, with segment EBITDA margin rising 26% to $185 million. Realtor.com showed strong growth in rental, seller, and new homes revenues.

Book Publishing Success

Book Publishing revenue expanded 8% to $595 million, with segment EBITDA surging 19% to $101 million.

Credit Rating Upgrade

S&P Global and Moody's upgraded News Corp's credit rating to investment grade.

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News Class B (NWS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NWS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 08, 2025	2025 (Q3)	0.16 / -	0.11	―	―	―
Feb 05, 2025	2025 (Q2)	0.31 / 0.33	0.26	26.92% (+0.07)	―
Nov 07, 2024	2025 (Q1)	0.17 / 0.21	0.16	31.25% (+0.05)	―
Aug 08, 2024	2024 (Q4)	0.16 / 0.17	0.14	21.43% (+0.03)	―
May 08, 2024	2024 (Q3)	0.11 / 0.11	0.09	22.22% (+0.02)	―
Feb 07, 2024	2024 (Q2)	0.22 / 0.26	0.14	85.71% (+0.12)	―
Nov 09, 2023	2024 (Q1)	0.12 / 0.16	0.12	33.33% (+0.04)	―
Aug 10, 2023	2023 (Q4)	0.09 / 0.14	0.37	-62.16% (-0.23)	―
May 11, 2023	2023 (Q3)	0.05 / 0.09	0.16	-43.75% (-0.07)	―
Feb 09, 2023	2023 (Q2)	0.20 / 0.14	0.44	-68.18% (-0.30)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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NWS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 05, 2025	$33.24	$32.96	-0.84%
Nov 07, 2024	$31.32	$32.22	+2.87%
Aug 08, 2024	$27.66	$28.64	+3.54%
May 08, 2024	$24.84	$25.54	+2.82%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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