Benzinga | Nov 5, 2021 09:31AM EDT

Recap: News Q1 Earnings

News (NASDAQ:NWSA) reported its Q1 earnings results on Thursday, November 4, 2021 at 05:00 PM.

Here's what investors need to know about the announcement.

Earnings

News their estimated earnings by 64.29%, reporting an EPS of $0.23 versus an estimate of $0.14, which surprised analysts.

Revenue was up $385,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13, which was followed by a 0.52% drop in the share price the next day.

Here's a look at News's past performance:



Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate 0.03 0.04 0.10 EPS Actual 0.16 0.09 0.34 0.08Revenue Estimate 2.21B 2.19B 2.24B 1.98BRevenue Actual 2.49B 2.33B 2.41B 2.12B

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