Print Media To Weigh On News Corp’s Earnings

May 3rd, 2016 by Trefis Team
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News Corp (NASDAQ:NWSA) is scheduled to announce its fiscal third quarter earnings on Thursday, May 5. The company’s total revenues in the December quarter fell by 4% year-on-year (y-o-y) to $2.16 billion amidst a challenging environment for print media. News Corp expects the March quarter to remain challenging for the news and information segment as it battles changing consumer preferences. However, digital advertising and digital real estate revenues may prove to be a bright spot for the company, helped by its acquisitions of Unruly Holdings and Move Inc., respectively.

In terms of the bottom line, we expect the company to continue focusing on fiscal discipline and maintain strict control over its operating expenses to grow its margins.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment / ask questions on the comments section
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to the full Trefis analysis for News Corp.

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