News Corp - Ordinary Shares - Class A
NWSA
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+ FollowMarket Cap$18.91B
Close$
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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$31.99
8.8% upside
Current Fair Value
8.8% upsideUndervalued by 8.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $18.91 Billion |
|---|---|
| Enterprise Value | $20.19 Billion |
| Dividend Yield | $0.20 (0.58%) |
| Earnings per Share | $1.03 |
| Beta | 0.91 |
| 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 | 33.54 |
|---|---|
| PEG | -44.19 |
| Price to Sales | 1.84 |
| Price to Book Ratio | 1.84 |
| Enterprise Value to Revenue | 2.24 |
| Enterprise Value to EBIT | 36.12 |
| Enterprise Value to Net Income | 24 |
| Total Debt to Enterprise | 0.17 |
| 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
$2.26 B
Average shareholder expectationInstitutional Put/Call Ratio
Market sentiment based on institutional option activity.
| Put/Call Ratio | 0.0068▼ 0.27% |
|---|---|
| Total Calls | 6,801,600▼ 4.24% |
| Total Puts | 46,500▼ 31.62% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 68.09%▼ 1.68% |
|---|---|
| Total Invested | $9.46B▼ 2.82% |
| Investors Holding | 637▲ 36.00% |
ESG Score
No data
About News Corp
CEO: Robert Thomson