Valued at $15.1 billion by market cap, New York-based News Corporation (NWSA) operates as a global media and information services company that creates and distributes content across various platforms, including newspapers, digital media, book publishing, and subscription video services.
The media giant is gearing up to report its first-quarter results after the markets close on Thursday, Nov. 6. Ahead of the event, analysts expect NWSA to report an adjusted EPS of $0.18, down a notable 14.3% from $0.21 reported in the year-ago quarter. While the company has met or surpassed the Street’s bottom-line expectations thrice over the past four quarters, it missed the projections on one other occasion.
