InvestorsHub Logo
Followers 256
Posts 49502
Boards Moderated 2
Alias Born 08/16/2008

Re: None

Thursday, 02/09/2012 3:05:29 AM

Thursday, February 09, 2012 3:05:29 AM

Post# of 15
NWSA News Corp. profit climbs 65% on cable, studios
PROVIDED BY MarketWatch - 4:16 PM 02/08/2012

CHICAGO (MarketWatch) - Media conglomerate News Corp. (NWSA) said Wednesday that its fiscal second-quarter profit rose 65% on increased earnings at its cable-television networks and film and television studios. The company said it earned $1.06 billion, or 42 cents a share, in the quarter ended Dec. 31, compared with a profit of $642 million, or 24 cents, in the same period a year earlier. Excluding items, News Corp. NEWS CORP said it would have earned 39 cents a share in the latest three months. Revenue rose 2% to $8.98 billion. Analysts polled by Thomson Reuters were expecting a profit of 34 cents a share on revenue of $8.94 billion. News Corp. (NWSA) is the parent company of Dow Jones & Co., which includes MarketWatch, the publisher of this report.

Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWSA News