Annuncio • Apr 22
News Corporation to Report Q3, 2026 Results on May 07, 2026 News Corporation announced that they will report Q3, 2026 results on May 07, 2026 Annuncio • Feb 06
News Corporation Declares Cash Dividend for the Six Months Ended December 31, 2025, Payable on April 8, 2026 News Corporation declared cash dividend of USD 0.10 per share for Class A Common Stock and Class B Common Stock for the six months ended December 31, 2025. Dividend payable on April 8, 2026 to stockholders of record as of March 11, 2026. Ex Date is March 10, 2026. Annuncio • Jan 21
News Corporation to Report Q2, 2026 Results on Feb 05, 2026 News Corporation announced that they will report Q2, 2026 results on Feb 05, 2026 Annuncio • Oct 30
Realtor.Com Introduces "Fly Around" A New 360Deg Satellite View to Help Home Shoppers See the Bigger Picture Realtor.com announced the upcoming launch of FlyAround, a first of its kind immersive low-altitude satellite view. This innovative new feature, rolling out over the next few weeks, leverages 3D Maps from Google Maps Platform and transforms how consumers experience property listings, offering a dynamic, spatially rich perspective directly from listing pages. With FlyAround, powered by TopHap Inc, home shoppers can move beyond the limitations of static photos and maps to see properties in full context--lot size, topography, and how a home fits into its surrounding neighborhood. This powerful new view will help users gain a deeper understanding of a property's true setting, empowering them to make more informed decisions earlier in their home search journey. Annuncio • Oct 24
News Corporation to Report Q1, 2026 Results on Nov 06, 2025 News Corporation announced that they will report Q1, 2026 results on Nov 06, 2025 Annuncio • Oct 09
News Corporation, Annual General Meeting, Nov 19, 2025 News Corporation, Annual General Meeting, Nov 19, 2025. Annuncio • Sep 10
News Corporation has completed a Follow-on Equity Offering in the amount of $456.613458 million. News Corporation has completed a Follow-on Equity Offering in the amount of $456.613458 million.
Security Name: Class B Common Stock
Security Type: Common Stock
Securities Offered: 14,071,293
Price\Range: $32.45
Discount Per Security: $0.47 Annuncio • Sep 09
News Corporation has filed a Follow-on Equity Offering. News Corporation has filed a Follow-on Equity Offering.
Security Name: Class B Common Stock
Security Type: Common Stock
Securities Offered: 14,182,161 Annuncio • Aug 07
News Corporation announces Semi-Annual dividend, payable on October 08, 2025 News Corporation announced Semi-Annual dividend of USD 0.1000 per share payable on October 08, 2025, ex-date on September 10, 2025 and record date on September 10, 2025. Annuncio • Aug 05
New York Post Media Group Launches New Media Venture, the California Post, in Early 2026 New York Post Media Group (NYPMG) launched a new media venture, The California Post, in early 2026. The California Post will offer readers a unique and indispensable combination of fearless, common-sense journalism, celebrity and entertainment news, world class sports reporting and the legendary covers people expect from TheNew York Post--but from a distinctly California perspective. The California Post content will appear across multiple platforms and formats, including mobile and desktop sites, video, audio, social media and importantly, a daily print edition. The California Post will be headquartered in Los Angeles and staffed by a robust team of tenacious editors, retailers and photographers dedicated to covering the stories that matter most to the people who live and work in the Golden State. Across print, digital and social channels, the team will chronicle the incredible state of California--a global power center of culture, sports, business and politics. The California Post will also leverage NYPMG's national news gathering capabilities, sharing resources with TheNew York Post and adding even more value for readers. This new venture is launching at the right time for NYPMG, California and Los Angeles. The Post brand, influence and reach has never been stronger, with The Post Digital Network, which includes NYPost.com, Page Six.com and Decider.com, attracting 90 million unique visitors in June alone. 90 million unique visitors inJune alone. 90% of Post digital readers already live outside of the New York media market. Los Angeles is home to the second largest concentration of Post readers, with 3.5 million monthly unique visitors--and 7.3 million across the state. This new masthead further positions The Post as a true national brand, substantially increasing its profile on the West Coast. The New York Post has achieved three consecutive years of profitability beginning in Fiscal Year 2022, an impressive achievement in a challenging environment for some publishers. NYPMG has appointed News Corp. veteran Nick Papps as TheCalifornia Post's Editor-in-Chief. Papps has nearly two decades of editorial leadership, and has helped drive editorial and commercial success at multiple publications. He has also served as News Corp. Australia's West Coast Correspondent for nearly three years and was based in Los Angeles. Now more than ever, California need a media outlet dedicated to common sense, clever coverage of the most important issues, many of which are ignored or dismissed by current print and digital outlets. Despite its vibrancy--as well as the upcoming Olympic Games and World Cup--California lacks a voice that will hold leaders to account as they attempt to tackle the most critical issues facing residents. In fact, Los Angeles is fast becoming a news desert, despite being home to nearly 13 million monthly digital news readers. Thousands of stories are going untold and countless perspectives aren't being represented by a media ecosystem that has lost touch with the people--especially as the city and state face unprecedented challenges and leadership vacuums. Many that's why TheNew York Post already outranks the leading LA-based publication when it comes to desktop viewing according to Comscore, and is gaining ground in every corner of the state. Annuncio • Jul 23
News Corporation to Report Q4, 2025 Results on Aug 05, 2025 News Corporation announced that they will report Q4, 2025 results on Aug 05, 2025 Annuncio • Jul 15
News Corporation (NasdaqGS:NWSA) announces an Equity Buyback for $1,000 million worth of its shares. News Corporation (NasdaqGS:NWSA) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its Class A common stock and Class B common stock. The purpose of the program is to enhance the shareholder value. The repurchase program has no time limit. Annuncio • Jun 26
News Corporation Announces the Appointment of Julian Delany as Executive Vice President and Chief Technology Officer News Corp. announced the appointment of Julian Delany as Executive Vice President and Chief Technology Officer. Mr. Delany succeeds David Kline, who will depart the company on June 30, 2025 as previously announced. Mr. Delany joined News Corp. Australia in 2012, most recently serving as Chief Technology Officer and as a member of the Executive Team. As CTO, he focused on delivering technical, process and data alignment across multiple brands and operational workflows to create a powerful and efficient network effect. He began his tenure with the company as General Manager of news.com.au, where he pioneered digital-first newsroom operations and data-led insights to inform product and commercial strategy. Mr. Delany then became Managing Director of News Corp. Australia’s digital news, food and lifestyle network. From there, his role expanded to manage all digital networks before his appointment as CTO in 2020. Before joining News Corp. Australia, Mr. Delany worked in live broadcast operations at Foxtel. He holds a bachelor of arts from the University of Sydney, and will relocate to New York City with his family. Annuncio • Apr 25
News Corporation to Report Q3, 2025 Results on May 08, 2025 News Corporation announced that they will report Q3, 2025 results on May 08, 2025 Annuncio • Apr 04
DAZN Group Limited completed the acquisition of Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA). DAZN Group Limited entered into a definitive agreement to acquire Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA) for an enterprise value of AUD 3.4 billion on December 22, 2024. Under the terms of the agreement, shareholder loans in the amount of AUD 578 million outstanding and owing to News Corp will be repaid in full in cash at closing. Foxtel’s current debt will be refinanced at closing and transfer with Foxtel, and News Corp will hold a minority equity interest in DAZN of approximately 6% as well as one seat on its Board of Directors. Telstra Group Ltd will also sell its minority interest in Foxtel, have its shareholder loans of AUD 128 million repaid, and take a minority stake in DAZN of approximately 3%. The proposed transaction values Foxtel at an enterprise value of AUD 3.4 billion, representing more than 7x fiscal 2024 Foxtel EBITDA. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the second half of fiscal 2025.
The Goldman Sachs Group, Inc. acted as financial advisor, Gibson, Dunn & Crutcher LLP and Allens acted as legal advisors for News Corporation. BofA acted as the financial advisor to DAZN. Latham & Watkins (London) LLP acted as legal advisor to DAZN Group Limited.
DAZN Group Limited completed the acquisition of Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA) on April 2, 2025. Foreign Investment Review Board, the Australian Competition and Consumer Commission and other regulatory authorities approvals obtained. Foxtel, Kayo Sports, BINGE, and Hubbl will retain their brand identities, continuing to produce the world-class programming, sports coverage and entertainment that Australians know and love. At completion, AUD 592 million in shareholder loans were repaid to News Corp, and News Corp received a minority equity interest in DAZN of approximately 6%. News Corp’s Senior Vice President and Deputy Chief Financial OfficerAndrew Cramer also joined the board of DAZN effective upon completion, and News Corp and its platforms remain committed in their passionate support for Australian sport and entertainment. Timothy McIver of Debevoise & Plimpton LLP acted legal advisor to DAZN Group ltd. Annuncio • Mar 25
News Corp Announces Resignation of David Kline as Chief Technology Officer, Effective June 30, 2025 News Corp. announced that David Kline, the company’s Chief Technology Officer, will resign from his role to accept a position outside the organization. He will remain with News Corp. through June 30, 2025, and a search is beginning for his successor. Since joining News Corp. in January 2020, Mr. Kline’s leadership has been instrumental in advancing the organization’s technology operations across enterprise systems, product offerings and solution delivery. From the challenges of the pandemic era to the advent of Generative AI, his strategic vision and agile approach enabled teams across News Corp’s global technology organization to develop at pace, foster meaningful partnerships with technology platforms and drive efficiencies across the businesses. Annuncio • Feb 06
News Corporation Declares Semi-Annual Cash Dividend for Class A Common Stock and Class B Common Stock, Payable on April 9, 2025 News Corporation declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend is payable on April 9, 2025 to stockholders of record as of March 12, 2025. Annuncio • Jan 23
News Corporation to Report Q2, 2025 Results on Feb 05, 2025 News Corporation announced that they will report Q2, 2025 results on Feb 05, 2025 Annuncio • Dec 24
DAZN Group Limited entered into a definitive agreement to acquire Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA) for an enterprise value of AUD 3.4 billion. DAZN Group Limited entered into a definitive agreement to acquire Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA) for an enterprise value of AUD 3.4 billion on December 22, 2024. Under the terms of the agreement, shareholder loans in the amount of AUD 578 million outstanding and owing to News Corp will be repaid in full in cash at closing. Foxtel’s current debt will be refinanced at closing and transfer with Foxtel, and News Corp will hold a minority equity interest in DAZN of approximately 6% as well as one seat on its Board of Directors. Telstra Group Ltd will also sell its minority interest in Foxtel, have its shareholder loans of AUD 128 million repaid, and take a minority stake in DAZN of approximately 3%. The proposed transaction values Foxtel at an enterprise value of A$3.4 billion, representing more than 7x fiscal 2024 Foxtel EBITDA. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the second half of fiscal 2025.
The Goldman Sachs Group, Inc. acted as financial advisor, Gibson, Dunn & Crutcher LLP and Allens acted as legal advisors for News Corporation. BofA acted as the financial advisor to DAZN. Annuncio • Nov 09
News Corporation Announces Chief Financial Officer Changes News Corporation announced that Susan Panuccio will step down from her role as Chief Financial Officer on January 1, 2025, and will be succeeded by Lavanya Chandrashekar. Ms. Panuccio will continue in an advisory capacity for six months to help ensure a smooth transition and to support Ms. Chandrashekar. Ms. Panuccio has been a key leader during a period of rapid expansion and transformation for News Corp. since becoming Chief Financial Officer in March 2017. During her tenure, News Corp. has achieved record results, and transitioned into a diversified digital- and subscription-first business. The company has generated very healthy free cash flows, successfully completed two debt offerings at attractive rates and boosted capital returns through its $1 billion repurchase program. Under Ms. Panuccio’s leadership, News Corp. made several strategic investments within the company’s key growth pillars, including expansion of B2B at Dow Jones, while streamlining costs and adding high margin, content licensing revenues from tech platforms. During her time at News Corp, the company’s share price has risen over 140% since March 1, 2017, materially outpacing sector performance during that period. The Board of Directors, in consultation with Ms. Panuccio, has executed a well planned succession process to identify and transition responsibility to her successor. Ms. Chandrashekar has nearly 30 years of experience in international finance and investor relations, and has held senior positions at blue chip consumer facing companies, including Procter & Gamble, Mondelez and Diageo, where she was Chief Financial Officer from 2021 to September of 2024. During her tenure at Diageo, Ms. Chandrashekar led the company through a period of profitable and accelerated growth, with the company growing at a 10.5% CAGR. An innovative global executive, Ms. Chandrashekar spearheaded and launched a multi-faceted global digital transformation program for Diageo. Her passion for mission and culture enabled the development and elevation of talent across the company. Reported Earnings • Nov 08
First quarter 2025 earnings released: EPS: US$0.21 (vs US$0.052 in 1Q 2024) First quarter 2025 results: EPS: US$0.21 (up from US$0.052 in 1Q 2024). Revenue: US$2.58b (up 3.1% from 1Q 2024). Net income: US$119.0m (up 297% from 1Q 2024). Profit margin: 4.6% (up from 1.2% in 1Q 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annuncio • Oct 24
News Corporation to Report Q1, 2025 Results on Nov 07, 2024 News Corporation announced that they will report Q1, 2025 results on Nov 07, 2024 Annuncio • Oct 10
News Corporation, Annual General Meeting, Nov 20, 2024 News Corporation, Annual General Meeting, Nov 20, 2024. Upcoming Dividend • Sep 04
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 11 September 2024. Payment date: 09 October 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%). Annuncio • Aug 10
News Corp Weighs Sale of Australian Foxtel Business News Corporation (NasdaqGS:NWSA) on August 8, 2024 said it is considering divesting Australian pay television platform Foxtel after receiving a "third-party interest." “We had no imminent intent to sell Foxtel but are reviewing potential strategic and financial options for the business with our advisers and engaging with third parties in light of that external interest," News Corp. Chief Executive Officer Robert Thomson said as part of the company’s earnings release. The deliberations come as News Corp. continues reviewing its portfolio in view of maximising shareholder returns. Foxtel includes the Kayo and Binge streaming services and the Hubbl service. News Corp. holds a 65% stake in Foxtel, whereas the remaining 35% stake is held by Australian telecom group Telstra. The name of the suitor and financial details were not revealed. Reported Earnings • Aug 09
Full year 2024 earnings released: EPS: US$0.47 (vs US$0.26 in FY 2023) Full year 2024 results: EPS: US$0.47 (up from US$0.26 in FY 2023). Revenue: US$10.1b (up 2.1% from FY 2023). Net income: US$266.0m (up 79% from FY 2023). Profit margin: 2.6% (up from 1.5% in FY 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • Aug 09
News Corporation Announces Semi-Annual Cash Dividend, Payable on October 9, 2024 News Corporation declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend is payable on October 9, 2024 to stockholders of record as of September 11, 2024. Annuncio • Jul 23
News Corporation to Report Q4, 2024 Results on Aug 08, 2024 News Corporation announced that they will report Q4, 2024 results on Aug 08, 2024 Buy Or Sell Opportunity • Jul 22
Now 20% undervalued Over the last 90 days, the stock has risen 8.7% to €25.00. The fair value is estimated to be €31.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Buy Or Sell Opportunity • Jul 01
Now 20% undervalued Over the last 90 days, the stock has risen 8.5% to €25.60. The fair value is estimated to be €32.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Buy Or Sell Opportunity • Jun 18
Now 21% undervalued Over the last 90 days, the stock has risen 5.1% to €24.80. The fair value is estimated to be €31.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Buy Or Sell Opportunity • Jun 05
Now 20% undervalued Over the last 90 days, the stock has risen 5.1% to €24.80. The fair value is estimated to be €31.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Reported Earnings • May 09
Third quarter 2024 earnings released: EPS: US$0.053 (vs US$0.087 in 3Q 2023) Third quarter 2024 results: EPS: US$0.053 (down from US$0.087 in 3Q 2023). Revenue: US$2.42b (down 1.0% from 3Q 2023). Net income: US$30.0m (down 40% from 3Q 2023). Profit margin: 1.2% (down from 2.0% in 3Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Apr 24
News Corporation to Report Q3, 2024 Results on May 08, 2024 News Corporation announced that they will report Q3, 2024 results on May 08, 2024 Annuncio • Mar 12
Murdoch's News Corp Reportedly Eyes Joint Telegraph Bid with Rivals Rupert Murdoch’s News Corporation (NasdaqGS:NWSA) and the owner of the Daily Mail have held talks about a potential joint takeover of Telegraph Media Group Limited — one of the UK’s most famous newspapers — alongside the UAE-backed investment fund RedBird IMI, people familiar with the matter said. A joint bid by the three would result in a smaller stake for RedBird IMI, which may ease concerns by British politicians over foreign state control of a legacy media outlet, said the people, who asked not to be identified discussing private talks. Representatives from the Daily Mail and General Trust — owner of the Daily Mail newspaper controlled by Jonathan Harmsworth — and News Corp.’s News UK unit have held back-channel conversations on how to form such a joint structure, they said. Upcoming Dividend • Mar 05
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 12 March 2024. Payment date: 10 April 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.9%). Declared Dividend • Feb 11
First half dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 12th March 2024 Payment date: 10th April 2024 Dividend yield will be 0.8%, which is lower than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has not increased over the past 8 years but payments have been stable during that time. EPS is expected to grow by 91% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 08
Second quarter 2024 earnings released: EPS: US$0.27 (vs US$0.12 in 2Q 2023) Second quarter 2024 results: EPS: US$0.27 (up from US$0.12 in 2Q 2023). Revenue: US$2.59b (up 2.6% from 2Q 2023). Net income: US$156.0m (up 133% from 2Q 2023). Profit margin: 6.0% (up from 2.7% in 2Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 08
News Corporation Declares Semi-Annual Cash Dividend, Payable on April 10, 2024 News Corporation declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend is payable on April 10, 2024 to stockholders of record as of March 13, 2024. Board Change • Feb 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Chairman of Unruly Sarah Wood was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Feb 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 65% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Annuncio • Jan 24
News Corporation to Report Q2, 2024 Results on Feb 07, 2024 News Corporation announced that they will report Q2, 2024 results on Feb 07, 2024 Annuncio • Jan 12
News Corporation Announces Management Changes News Corp. announced that veteran communications advisor Arthur Bochner will become Chief Communications Officer and Executive Vice President, following the retirement later this year of Jim Kennedy, who joined the company in 2013. Mr. Bochner will begin at News Corp. this month, working with Mr. Kennedy and his team during the transition. He spent nearly a decade at The Walt Disney Company, most recently overseeing strategic communications. He also served as Chief of Staff in the Office of the CEO after holding key communications roles at the company’s consumer products and theme park segments. Prior to Disney, Mr. Bochner held communications positions at Bloomberg, Citigroup, and FD Public Affairs. Mr. Kennedy’s decision to retire was announced last October. He was the first Chief Communications Officer for the “new” News Corp, and has given five decades of service as a spokesman and speechwriter in Washington, Hollywood and New York, where he worked for President Bill Clinton and Vice President Al Gore in the White House, and headed communications for Senators Hillary Clinton and Joe Lieberman, the Clinton Foundation, Sony Pictures and Sony Corporation of America. Mr. Bochner is moving from Los Angeles to New York with his family and will be based at News Corp’s headquarters at 1211 Avenue of the Americas. Mr. Bochner has a BA from The University of Pennsylvania, and is pursuing an MBA at the University of Michigan Stephen M. Ross School of Business. He also co-authored several books, including a business book for children, which led to guest appearances on The Tonight Show with Jay Leno and The Oprah Winfrey Show. Reported Earnings • Nov 10
First quarter 2024 earnings released: EPS: US$0.05 (vs US$0.069 in 1Q 2023) First quarter 2024 results: EPS: US$0.05 (down from US$0.069 in 1Q 2023). Revenue: US$2.50b (flat on 1Q 2023). Net income: US$30.0m (down 25% from 1Q 2023). Profit margin: 1.2% (down from 1.6% in 1Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 28
News Corporation to Report Q1, 2024 Results on Nov 09, 2023 News Corporation announced that they will report Q1, 2024 results on Nov 09, 2023 Recent Insider Transactions • Oct 14
Insider recently sold €806k worth of stock On the 10th of October, Tracey Fellows sold around 42k shares on-market at roughly €19.24 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.6m. Insiders have been net sellers, collectively disposing of €7.4m more than they bought in the last 12 months. Annuncio • Oct 05
News Corporation, Annual General Meeting, Nov 15, 2023 News Corporation, Annual General Meeting, Nov 15, 2023, at 10:00 US Eastern Standard Time. Agenda: To elect the seven Directors identified in the attached proxy statement to the Board of Directors (the “Board”) of the Company; to ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2024; to consider an advisory vote to approve executive compensation; and consider any other business properly brought before the Annual Meeting and any adjournment or postponement thereof. Annuncio • Sep 22
Fox Corporation and News Corporation Announce Board Changes Fox Corporation and News Corporation announced that Rupert Murdoch is stepping down as chairman of each board effective as of the upcoming Annual General Meeting of Shareholders of each company in mid-November. Mr. Murdoch will be appointed Chairman Emeritus of each company. Following the Annual General Meetings, Lachlan Murdoch will become sole Chair of News Corp. and continue as Executive Chair and Chief Executive Officer of Fox Corporation. Upcoming Dividend • Sep 05
Upcoming dividend of US$0.10 per share at 0.9% yield Eligible shareholders must have bought the stock before 12 September 2023. Payment date: 11 October 2023. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.3%). Recent Insider Transactions • Aug 17
Chief Financial Officer recently sold €3.6m worth of stock On the 16th of August, Susan Panuccio sold around 189k shares on-market at roughly €19.25 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Susan's only on-market trade for the last 12 months. Annuncio • Aug 11
News Corporation Declares Semi Annual Cash Dividend for Class A Common Stock and Class B Common Stock, Payable on October 11, 2023 News Corporation declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend is payable on October 11, 2023 to stockholders of record as of September 13, 2023. Reported Earnings • Aug 11
Full year 2023 earnings released: EPS: US$0.26 (vs US$1.06 in FY 2022) Full year 2023 results: EPS: US$0.26 (down from US$1.06 in FY 2022). Revenue: US$9.88b (down 4.9% from FY 2022). Net income: US$149.0m (down 76% from FY 2022). Profit margin: 1.5% (down from 6.0% in FY 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 29
News Corporation to Report Q4, 2023 Results on Aug 10, 2023 News Corporation announced that they will report Q4, 2023 results on Aug 10, 2023 Reported Earnings • May 12
Third quarter 2023 earnings released: EPS: US$0.087 (vs US$0.14 in 3Q 2022) Third quarter 2023 results: EPS: US$0.087 (down from US$0.14 in 3Q 2022). Revenue: US$2.45b (down 1.8% from 3Q 2022). Net income: US$50.0m (down 39% from 3Q 2022). Profit margin: 2.0% (down from 3.3% in 3Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • May 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. Chairman of Unruly Sarah Wood was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Feb 10
News Corporation Announces Expected Headcount Reduction News Corporation announced that in response to the macroeconomic challenges facing many of its businesses, the Company expects continue to implement cost savings initiatives, including an expected 5% headcount reduction, or around 1,250 positions this calendar year. While it is still evaluating the cost savings opportunity from this action, the Company expects this to generate an annualized cost savings of at least $130 million. The Company expects the charges related to this action to pay back in a year. Annuncio • Feb 01
News Corporation to Report Q2, 2023 Results on Feb 09, 2023 News Corporation announced that they will report Q2, 2023 results on Feb 09, 2023 Board Change • Nov 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. Chairman of Unruly Sarah Wood was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 10
First quarter 2023 earnings released First quarter 2023 results: Revenue: US$2.48b (down 1.0% from 1Q 2022). Net income: US$40.0m (down 80% from 1Q 2022). Profit margin: 1.6% (down from 7.8% in 1Q 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 06
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 13 September 2022. Payment date: 12 October 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.7%). Recent Insider Transactions • Aug 18
Executive VP recently sold €1.5m worth of stock On the 15th of August, David Pitofsky sold around 79k shares on-market at roughly €18.40 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €21m more than they bought in the last 12 months. Reported Earnings • Aug 10
Full year 2022 earnings released: EPS: US$1.06 (vs US$0.56 in FY 2021) Full year 2022 results: EPS: US$1.06 (up from US$0.56 in FY 2021). Revenue: US$10.4b (up 11% from FY 2021). Net income: US$623.0m (up 89% from FY 2021). Profit margin: 6.0% (up from 3.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 8.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 07
Third quarter 2022 earnings released: EPS: US$0.14 (vs US$0.13 in 3Q 2021) Third quarter 2022 results: EPS: US$0.14 (up from US$0.13 in 3Q 2021). Revenue: US$2.49b (up 6.7% from 3Q 2021). Net income: US$82.0m (up 3.8% from 3Q 2021). Profit margin: 3.3% (down from 3.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.7%, compared to a 8.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Board Change • Apr 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. Chairman of Unruly Sarah Wood was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Mar 08
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 15 March 2022. Payment date: 13 April 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.0%). Reported Earnings • Feb 04
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: US$0.40 (up from US$0.39 in 2Q 2021). Revenue: US$2.72b (up 13% from 2Q 2021). Net income: US$235.0m (up 1.7% from 2Q 2021). Profit margin: 8.6% (down from 9.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 1.6%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 05
First quarter 2022 earnings released: EPS US$0.33 (vs US$0.058 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$2.50b (up 18% from 1Q 2021). Net income: US$196.0m (up 476% from 1Q 2021). Profit margin: 7.8% (up from 1.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.