News Corp beats quarterly earnings expectations,…
The Post’s mother or father company News Corp reported better-than-expected quarterly earnings on Thursday, pushed by growth in its Dow Jones, digital real estate and ebook publishing divisions.
The New York-based media giant reported $121 million from persevering with operations, or 16 cents a share, in contrast with income of $107 million, or 14 cents, the prior yr. Adjusted earnings per share totaled 21 cents.
Third-quarter income grew 9% to $2.19 billion, in contrast with $2.01 billion a yr in the past. That beat Wall Street expectations of 16 cents EPS on $2.11 billion income.
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