EL7.AI
StocksMedium•21 August 2026•
1 min read

News Corp Stock Holds Above $29 Following Q4 Earnings Beat

Key Facts

1News Corp revenue increased by 10.8% to $2.34 billion in the fiscal fourth quarter of 2026.
2The company reported adjusted EPS of $0.35, beating consensus estimates.
3News Corp is continuing its $1 billion share repurchase program to enhance investor value.

In a move reflecting financial resilience within the media sector, News Corp reported strong fiscal fourth-quarter results for 2026. According to reports, the company's revenue increased by 10.8% to reach $2.34 billion, surpassing previous estimates. Additionally, the company posted an adjusted EPS of $0.35, which represents a significant beat against analyst consensus for the period.

These results are bolstered by News Corp's ongoing execution of a substantial $1 billion share repurchase program, aimed at reducing share count and enhancing shareholder value. Per market data, the stock's stability above the $29 level reflects investor confidence in the company's revenue growth strategy and cost management, particularly following its double-digit top-line expansion.

Looking ahead, traders are watching for U.S. Building Permits and Housing Starts data on August 18, 2026, which may influence broader market sentiment and impact large-cap stock performance.