News (NWS) to Release Earnings on Thursday

News (NASDAQ:NWS) is set to release its earnings data after the market closes on Thursday, February 8th.

News (NASDAQ:NWS) last issued its quarterly earnings data on Thursday, November 9th. The company reported $0.07 EPS for the quarter. The firm had revenue of $2.06 billion during the quarter. News had a positive return on equity of 2.27% and a negative net margin of 7.96%.

Shares of News (NWS) opened at $17.45 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $10,108.47, a P/E ratio of -15.35 and a beta of 1.95. News has a twelve month low of $12.35 and a twelve month high of $17.70.

In other news, CFO Kevin Halpin sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $14.50, for a total value of $72,500.00. Following the transaction, the chief financial officer now owns 29,855 shares in the company, valued at approximately $432,897.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 24,855 shares of company stock worth $385,752 in the last 90 days. Company insiders own 39.40% of the company’s stock.

NWS has been the topic of a number of research analyst reports. BidaskClub downgraded News from a “buy” rating to a “hold” rating in a research note on Tuesday. TheStreet upgraded News from a “c+” rating to a “b-” rating in a research note on Wednesday, November 29th.

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About News

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.

Earnings History for News (NASDAQ:NWS)

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