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News Corp.: Fiscal 1Q Earnings Snapshot

November 7, 2018

NEW YORK (AP) _ News Corp. (NWS) on Wednesday reported fiscal first-quarter net income of $101 million.

The New York-based company said it had net income of 17 cents per share.

The publishing company whose flagship is The Wall Street Journal posted revenue of $2.52 billion in the period.

News Corp. shares have dropped 18 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.60, a decrease of nearly 6 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NWS at https://www.zacks.com/ap/NWS

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