News Corporation (NASDAQ:NWSA) headquartered in New York, will host a conference call for the investment community to discuss the 4Q20 financial results on 7th August 2020 at 7:30 AM Eastern Time.
The company disclosed financial results after close of U.S. markets on Thursday 6th August 2020
The conference call will also be webcast live under the investor relations section of the website newscorp.com
Quarterly Results
News Corporation outlined loss for the fourth quarter of $ 0.03 per share, from the revenue of $ 1,923.00 million. The quarterly revenues declined 22.02 percent compared with the same quarter last year. According to street consensus, NWSA was expected to report 4Q20 loss of $ 0.09 per share from revenue of $ 1853.94 million. The bottom line results beat street analysts by $ 0.06 or 66.67 percent, at the same time, top line results outshined analysts by $ 69.06 million or 3.73 percent.
News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in five segments: News and Information Services, Subscription Video Services, Book Publishing, Digital Real Estate Services, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barrons, and MarketWatch through various media channels, such as newspapers, newswires, Websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, videos, and podcasts.
