News (NASDAQ:NWS) will be releasing 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 earnings per share for the quarter. News had a positive return on equity of 2.27% and a negative net margin of 7.96%. The business had revenue of $2.06 billion for the quarter.
News (NASDAQ:NWS) opened at $16.10 on Tuesday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.03. News has a one year low of $12.35 and a one year high of $17.70. The firm has a market capitalization of $9,758.90, a P/E ratio of 38.07 and a beta of 1.90.
In other News news, CFO Kevin Halpin sold 7,387 shares of News stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $15.62, for a total value of $115,384.94. Following the transaction, the chief financial officer now directly owns 17,468 shares of the company’s stock, valued at approximately $272,850.16. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold a total of 19,855 shares of company stock worth $313,252 over the last three months. 39.40% of the stock is owned by company insiders.
A number of brokerages recently weighed in on NWS. BidaskClub downgraded News from a “buy” rating to a “hold” rating in a research note on Tuesday, January 30th. TheStreet raised News from a “c+” rating to a “b-” rating in a research note on Wednesday, November 29th.
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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.
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