News Corp Reports 'Strong' Quarter Beating Expectations, Jarden Research Says

MT Newswires Live

Feb 06, 2025

News Corp. (ASX:NWS) reported a "strong" December quarter, that beat expectations, according to a Thursday note by Euroz Hartleys.

The company reported revenue for the three months ended Dec. 31, 2024, was $2.24 billion, up 5% from $2.14 billion in the same period a year earlier, and 1.8% higher than Jarden's $2.2 billion guidance.

Group earnings before interest, taxes, depreciation, and amortization was up 20.7% to $478 million, 12% above Jarden's $424 million estimate, the investment and advisory group noted.

News Corp. noted solid progress with its partnership with OpenAI and is optimistic other artificial intelligence companies may adopt a similar strategy.

Jarden Research has an overweight rating for News Corp. with a price target of AU$50.30.

Shares of the company rose 5% in recent Thursday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2509261691"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2509261691\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2509261691?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-06 08:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2509261691","market":"hk","top_or_hot":-1,"title":"News Corp Reports 'Strong' Quarter Beating Expectations, Jarden Research Says","media":"MT Newswires Live","content":"<html><body><p> News Corp. (ASX:NWS) reported a \"strong\" December quarter, that beat expectations, according to a Thursday note by <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys.</p><p>The company reported revenue for the three months ended Dec. 31, 2024, was $2.24 billion, up 5% from $2.14 billion in the same period a year earlier, and 1.8% higher than Jarden's $2.2 billion guidance.</p><p>Group earnings before interest, taxes, depreciation, and amortization was up 20.7% to $478 million, 12% above Jarden's $424 million estimate, the investment and advisory group noted.</p><p>News Corp. noted solid progress with its partnership with OpenAI and is optimistic other artificial intelligence companies may adopt a similar strategy.</p><p>Jarden Research has an overweight rating for News Corp. with a price target of AU$50.30.</p><p>Shares of the company rose 5% in recent Thursday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>News Corp Reports 'Strong' Quarter Beating Expectations, Jarden Research Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNews Corp Reports 'Strong' Quarter Beating Expectations, Jarden Research Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-06 08:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> News Corp. (ASX:NWS) reported a \"strong\" December quarter, that beat expectations, according to a Thursday note by <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys.</p><p>The company reported revenue for the three months ended Dec. 31, 2024, was $2.24 billion, up 5% from $2.14 billion in the same period a year earlier, and 1.8% higher than Jarden's $2.2 billion guidance.</p><p>Group earnings before interest, taxes, depreciation, and amortization was up 20.7% to $478 million, 12% above Jarden's $424 million estimate, the investment and advisory group noted.</p><p>News Corp. noted solid progress with its partnership with OpenAI and is optimistic other artificial intelligence companies may adopt a similar strategy.</p><p>Jarden Research has an overweight rating for News Corp. with a price target of AU$50.30.</p><p>Shares of the company rose 5% in recent Thursday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NWS.AU","symbol_name":"NEWS CORP - CLASS B- CDI","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2509261691","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509261691","pubTimestamp":1738801559,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"News Corp.  reported a \"strong\" December quarter, that beat expectations, according to a Thursday note by Euroz Hartleys.The company reported revenue for the three months ended Dec. 31, 2024, was $2.24 billion, up 5% from $2.14 billion in the same period a year earlier, and 1.8% higher than Jarden's $2.2 billion guidance.Group earnings before interest, taxes, depreciation, and amortization was up 20.7% to $478 million, 12% above Jarden's $424 million estimate, the investment and advisory group noted.News Corp. noted solid progress with its partnership with OpenAI and is optimistic other artificial intelligence companies may adopt a similar strategy.Jarden Research has an overweight rating for News Corp. with a price target of AU$50.30.Shares of the company rose 5% in recent Thursday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NWS.AU":"NEWS CORP - CLASS B- CDI","BK7038":"出版"},"translate_title":"Jarden Research表示，新闻集团报告“强劲”季度超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWS.AU":0.9},"content_text":"News Corp. (ASX:NWS) reported a \"strong\" December quarter, that beat expectations, according to a Thursday note by Euroz Hartleys.The company reported revenue for the three months ended Dec. 31, 2024, was $2.24 billion, up 5% from $2.14 billion in the same period a year earlier, and 1.8% higher than Jarden's $2.2 billion guidance.Group earnings before interest, taxes, depreciation, and amortization was up 20.7% to $478 million, 12% above Jarden's $424 million estimate, the investment and advisory group noted.News Corp. noted solid progress with its partnership with OpenAI and is optimistic other artificial intelligence companies may adopt a similar strategy.Jarden Research has an overweight rating for News Corp. with a price target of AU$50.30.Shares of the company rose 5% in recent Thursday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}