News Corp beats quarterly earnings expectations, driven by Dow Jones, real estate units
Real Estate
The Post’s parent company News Corp reported better-than-expected quarterly earnings on Thursday, driven by growth in its Dow Jones, digital real estate and book publishing divisions. The New York-based media giant reported $121 million from continuing operations, or 16 cents a share, compared with income of $107 million, or 14 cents, the prior year. Adjusted earnings per share totaled 21 cents. Third-quarter revenue grew 9% to $2.19 billion, compared with $2.01 billion a year ago. That beat
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