NWSA Stock Recent News

[Note: News Corp Fiscal Year Ends in June]

News Corp announced Thursday that veteran communications advisor Arthur Bochner will become chief communications officer and executive vice president, following the retirement later this year of longtime spokesperson Jim Kennedy.

Lachlan Murdoch is now the Chair of News Corporation (NWSA, NWS), replacing his father Rupert, who became Chairman Emeritus. On Friday, the same transition will occur at Fox Corporation (FOXA, FOX), the company that owns Fox News.

News Corp CEO Robert Thomson noted the company has “led the quest for compensation for content from the big digital platforms."

News Corporation's (NWSA) first-quarter 2024 results reflect strength in physical book sales and improved returns in the Book Publishing segment.

News Corporation (NASDAQ:NWSA ) Q1 2024 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Michael Florin - Senior Vice President and Head, IR Robert Thomson - Chief Executive Susan Panuccio - Chief Financial Officer Conference Call Participants Lucy Huang - UBS Alan Gould - Loop Capital Ted Karakostas - JPMorgan Entcho Raykovski - Evans & Partners Craig Huber - Huber Research Brian Han - Morningstar Darren Leung - Macquarie Operator Welcome to News Corp's First Quarter Fiscal 2024 Earnings Conference Call. Today's conference is being recorded.

The headline numbers for News Corp. (NWSA) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News Corporation (NASDAQ:NWSA) stock fell 0.4% in extended trading Thursday despite beating Street expectations with its fiscal first-quarter results.  The media conglomerate posted revenue of $2.50 billion, just above Street estimates of $2.49 billion.

News Corporation's (NWSA) first-quarter fiscal 2024 performance is likely to have benefited from the integration of OPIS and CMA despite weakness in the Book Publishing and Digital Real Estate segments.

If you are looking for stocks that are well positioned to maintain their recent uptrend, News Corp. (NWSA) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.