News Corp Beats Q1 2027 Earnings and Revenue Estimates
Key Facts
News Corp reported earnings per share that beat analyst estimates by $0.02 for the first fiscal quarter of 2027. Investing.com reported that the company's revenue also topped expectations, as the group achieved record profitability during the period.
The record results were driven by growth in the Digital Real Estate Services, Dow Jones, and Book Publishing units. This operational strength coincided with US economic data showing the ISM Manufacturing PMI at 55.5 on November 2, 2026, while the trade deficit reached $105 billion on November 4, 2026, performing better than forecasted.
Latest Updates · 1
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Update: The company's Dow Jones segment showed operational strength, with digital-only subscriptions for The Wall Street Journal averaging 4.66 million during the first fiscal quarter of 2027.