News Corporation (NASDAQ:NWS) is reporting first quarter earnings results on Thursday 5th November 2020, after market close.
Previous Quarter Performance
News Corporation unveiled loss for the fourth quarter of $ 0.03 per share, from the revenue of $ 1,923.00 million.
Stock Performance
Shares of News Corporation traded low $ -0.01 or -0.07 percent on Wednesday, reaching $ 13.37 with volume of 438.30 thousand shares. News Corporation has traded high as $ 13.55 and has cracked $ 13.18 on the downward trend
The closing price of $ 13.37, representing a 69.80 % increase from the 52 week low of $ 7.88 and a 14.78 % decrease over the 52 week high of $ 15.70.
The company has a market capital of $ 7.94 billion and is part of the Consumer Cyclical sector and Broadcasting – TV industry.
News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in five segments: News and Information Services, Book Publishing, Digital Real Estate Services, Subscription Video Services, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barrons, MarketWatch, and DJX through various media channels, such as newspapers, newswires, Websites, mobile device applications, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, video, and podcasts.