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News Corporation NWSA reported first-quarter fiscal 2024 earnings of 16 cents per share, which beat the Zacks Consensus Estimate by 45.45% but declined 33.3% year over year.
Revenues of $2.49 billion increased 0.8% year over year and beat the consensus mark by 0.27%. The increase was primarily driven by a rise in physical book sales and improved returns in the Book Publishing segment. The segmentâs returns benefited from the absence of Amazonâs reset in the prior year and higher rev...
>>> Read more: News Corporation (NWSA) Q1 Earnings Beat, Revenues Rise Y/Y
Revenues of $2.49 billion increased 0.8% year over year and beat the consensus mark by 0.27%. The increase was primarily driven by a rise in physical book sales and improved returns in the Book Publishing segment. The segmentâs returns benefited from the absence of Amazonâs reset in the prior year and higher rev...
>>> Read more: News Corporation (NWSA) Q1 Earnings Beat, Revenues Rise Y/Y
