NWS News: News Corp. (NWSA) Q3 Earnings Miss, Revenues Up 7% Y/Y - 7th May 2022, 2:21am

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News Corporation NWSA reported third-quarter fiscal 2022 results, wherein the top line beat the Zacks Consensus Estimate, but the bottom line fell short of the same. Impressively, both revenues and earnings showcased an improvement from the year-ago period. The company witnessed strength primarily across Digital Real Estate Services, Dow Jones and Book Publishing segments. The News Media segment continued to gain from the revival in the advertising market, new content licensing revenues and soli...

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