Loading...
•
Dec 31, 2021
News Corp Q2 2022 Earnings Report
News Corp's Q2 2022 revenues reached the highest quarterly revenue since separation and net income was flat compared to the prior year.
Key Takeaways
News Corp reported strong second-quarter results for fiscal year 2022, with revenues reaching $2.72 billion, a 13% increase compared to the prior year and the highest quarterly revenue since separation. Net income was $262 million, flat compared to $261 million in the prior year. Total Segment EBITDA was $586 million, an 18% increase compared to $497 million in the prior year. Adjusted EPS were $0.44 compared to $0.34 in the prior year.
Revenues in the quarter were $2.72 billion, a 13% increase compared to the prior year and the highest quarterly revenue since separation.
Net income in the quarter was $262 million, flat compared to the prior year.
Total Segment EBITDA in the quarter was $586 million, an 18% increase compared to the prior year.
Digital Real Estate Services segment revenues grew 35%.
Revenue by Segment
Forward Guidance
The company expects to close acquisitions of OPIS and Base Chemicals businesses in the first half of calendar 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...