News Corp - Ordinary Shares - Class A
NWSA
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+ FollowMarket Cap$17.33B
Close$
Earnings Call Q3 2023
May 11, 2023 - AI Summary
News Corp reported a 2% decline in total revenues for the third quarter of fiscal year 2023, an improvement from the 7% decline in the previous quarter.
The company's cost-cutting program is gaining traction, with a headcount reduction expected to yield over $160 million in annualized savings by the end of the year.
Dow Jones saw robust revenue growth, particularly in its professional information business, which reported a 38% increase in revenues. Digital subscriptions also grew by 9% at The Wall Street Journal and 10% at Dow Jones as a whole.
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$27.37
4.6% downside
Current Fair Value
4.6% downsideOvervalued by 4.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $17.33 Billion |
|---|---|
| Enterprise Value | $18.60 Billion |
| Dividend Yield | $0.20 (0.63%) |
| Earnings per Share | $1.03 |
| Beta | 0.92 |
| Outstanding Shares | 556,500,000 |
Return
| Return on Equity | 9.62% |
|---|---|
| Return on Assets | 5.28% |
| Return on Invested Capital | 4.37% |
Valuation & Multiples
| P/E Ratio | 30.73 |
|---|---|
| PEG | -40.48 |
| Price to Sales | 1.79 |
| Price to Book Ratio | 1.79 |
| Enterprise Value to Revenue | 2.06 |
| Enterprise Value to EBIT | 33.28 |
| Enterprise Value to Net Income | 22 |
| Total Debt to Enterprise | 0.18 |
| Debt to Equity | 0.4 |
Revenue Sources
No data
Insider Trades
Last Earnings Call
Report Date
August 5, 2026
EPS Estimate
$0.21
Average shareholder expectationRevenue Estimate
$2.25 B
Average shareholder expectationNext Earnings Call
Expected Date
November 5, 2026
EPS Estimate
$0.27
Average shareholder expectationRevenue Estimate
$2.27 B
Average shareholder expectationInstitutional Put/Call Ratio
Market sentiment based on institutional option activity.
| Put/Call Ratio | 0.0087▼ 0.08% |
|---|---|
| Total Calls | 6,801,600▼ 4.24% |
| Total Puts | 59,500▼ 12.50% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 68.78%▼ 1.00% |
|---|---|
| Total Invested | $9.56B▼ 1.83% |
| Investors Holding | 654▲ 50.00% |
ESG Score
No data
About News Corp
CEO: Robert Thomson