{"id":508092,"date":"2022-11-09T03:14:13","date_gmt":"2022-11-09T00:14:13","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/news-corp-narrowly-misses-first-quarter-revenue-estimates\/"},"modified":"2022-11-09T03:14:13","modified_gmt":"2022-11-09T00:14:13","slug":"news-corp-narrowly-misses-first-quarter-revenue-estimates","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/news-corp-narrowly-misses-first-quarter-revenue-estimates\/","title":{"rendered":"#News Corp narrowly misses first-quarter revenue estimates"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2556082f673\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2556082f673\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/news-corp-narrowly-misses-first-quarter-revenue-estimates\/#%E2%80%9CNews_Corp_narrowly_misses_first-quarter_revenue_estimates%E2%80%9D\" >&#8220;News Corp narrowly misses first-quarter revenue estimates&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CNews_Corp_narrowly_misses_first-quarter_revenue_estimates%E2%80%9D\"><\/span>&#8220;News Corp narrowly misses first-quarter revenue estimates&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/news-corp-earnings-04.jpg?quality=90&amp;strip=all\" \/><\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> Corp, owner of The New York Post, Wall Street Journal and Dow Jones, narrowly missed first-quarter revenue estimates Tuesday, due in part to foreign currency fluctuations.<\/p>\n<p>According to the New York-based company, total revenue decreased 1% to $2.48 billion in the quarter ended Sept. 30, while analysts were expecting $2.50 billion, according to Refinitiv data. Excluding the impact of foreign exchange, revenue grew 5%.<\/p>\n<p>Overall revenue from advertising grew to $406 million, a $1 million rise from a year ago.<\/p>\n<p>Net income, however, declined 75% to $66 million. On an adjusted basis,\u00a0News\u00a0Corp\u00a0reported earnings per share of 12 cents, missing analysts\u2019 estimate of 15 cents.<\/p>\n<p>Shares of News Corp rose 2.2% in after-market trading.<\/p>\n<p>\u201cWhile the macro environment is patently more volatile, the results highlight the resilience of News Corp and the potential for sustained growth and increased profitability,\u201d News Corp Chief Executive Robert Thomson told investors. \u201cNews Corp is building on a sturdy base. We have reported record profitability in each of the last two fiscal years and bolstered our fortunes through savvy investments and by streamlining the cost base.\u201d<\/p>\n<p>Last month, News Corp said it was exploring recombining with Fox Corp., owner of Fox News. A recombination would reunite the two divisions of Rupert Murdoch\u2019s <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> empire, which were spun off in 2013.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/11\/08\/news-corp-narrowly-misses-first-quarter-revenue-estimates\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;News Corp narrowly misses first-quarter revenue estimates&#8221; News Corp, owner of The New York Post, Wall Street Journal and Dow Jones, narrowly missed first-quarter revenue estimates Tuesday, due in part to foreign currency fluctuations. According to the New York-based company, total revenue decreased 1% to $2.48 billion in the quarter ended Sept. 30, while analysts&#8230;<\/p>\n","protected":false},"author":1,"featured_media":508093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/news-corp-earnings-04.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[135221,70237,78965,70506,78966,4946,70507],"class_list":["post-508092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-11-8-22","tag-corporate-earnings","tag-dow-jones","tag-new-york-post","tag-news-corp","tag-newspapers","tag-wall-street-journal"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/508092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=508092"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/508092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/508093"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=508092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=508092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=508092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}