News Corp tops earnings expectations on strength…
News Corp — proprietor of The Post and The Wall Street Journal — reported better-than-expected quarterly earnings on Wednesday, pushed by growth in its digital real estate, Dow Jones and e book publishing divisions.
News Corp CEO Robert Thomson touted the company’s “three pillars of growth,” which drove a 58% increase in earnings for the second quarter.
The company reported $306 million in internet income, or 38 cents a share, in contrast with income of $156 million, or 27 cents, the 12 months prior. Adjusted earnings per share totaled 33 cents.
That $306 million within the second…
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