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News (NASDAQ:NWSA) reported its Q2 earnings results on Wednesday, February 7, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
News beat estimated earnings by 36.84%, reporting an EPS of $0.26 versus an estimate of $0.19.
Revenue was up $65.00 million from the same period last year.
Last quarter the company beat on EPS by $0.06 which was followed by a 1.74% drop in the share price the next day.
Here's a look at News's past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.09 | 0.05 | 0.19 |
| EPS Actual | 0.16 | 0.14 | 0.09 | 0.14 |
| Revenue Estimate | 2.47B | 2.48B | 2.37B | 2.55B |
| Revenue Actual | 2.50B | 2.43B | 2.45B | 2.52B |
To track all earnings releases for News visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: NWSA
