News Corp Q2 Earnings Exceed Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy NWSA?
Source: seekingalpha
- Earnings Beat: News Corp reported a Q2 non-GAAP EPS of $0.40, exceeding expectations by $0.03, which reflects ongoing improvements in profitability and boosts investor confidence.
- Significant Revenue Growth: The company achieved $2.36 billion in revenue for Q2, a 5.4% year-over-year increase that surpassed analyst expectations by $60 million, indicating effective sales strategies and competitive positioning in the market.
- Strong EBITDA Performance: Total segment EBITDA reached $521 million, a 9% increase from $478 million in the prior year, showcasing successful cost control and operational efficiency, thereby strengthening its financial foundation.
- One-Time Write-Off Impact: The results included a $16 million one-time write-off primarily related to inventory at HarperCollins’ international operations, yet the overall performance still demonstrates strong growth potential.
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Analyst Views on NWSA
Wall Street analysts forecast NWSA stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 22.400
Low
38.00
Averages
40.33
High
43.00
Current: 22.400
Low
38.00
Averages
40.33
High
43.00
About NWSA
News Corporation is a diversified media and information services company. Its Digital Real Estate Services segment consists of the Company’s interest in REA Group and Move. REA Group is a digital media business specializing in property and property-related services on its Websites and mobile apps. Move is a provider of digital real estate services in the United States and primarily operates a real estate information, advertising and services platform, as well as its referral-based services, online tools and services to do-it-yourself landlords and tenants. Its Dow Jones segment consists of Dow Jones, a global provider of news and business information, which distributes its content and data through a variety of media channels. Its Book Publishing segment consists of HarperCollins, a consumer book publisher with operations in 15 countries. Its News Media segment consists of News Corp Australia, News UK and the New York Post and includes The Australian, The Daily Telegraph, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
News Corporation Earnings Report and Rating Adjustments
- Earnings Highlights: News Corporation's FQ2 2026 report shows a revenue increase to $2.4 billion, up 6%, with total segment EBITDA rising 9% to $521 million, indicating strong performance in digital real estate and Dow Jones segments.
- Profitability Changes: Despite a 21% drop in net income from continuing operations to $242 million due to the absence of an $87 million one-time gain from the previous year, adjusted EPS rose to $0.40, and profitability margins improved to 22.1%.
- Segment Performance: Both Dow Jones and Digital Real Estate segments achieved double-digit profit growth, with Dow Jones recording a record digital advertising revenue of $87 million and Realtor.com seeing a 10% revenue increase, showcasing successful digital transformation.
- Market Challenges: The News Media segment reported flat revenues and a 5% decline in EBITDA, reflecting challenges in the print advertising market, while Book Publishing grew 6% to $633 million but was impacted by a $16 million one-time inventory charge at HarperCollins, highlighting pressures faced by traditional media.
See More
Zillow Confronts Multiple Lawsuits: What’s Impacting Its Stock Performance?
- Legal Challenges: Zillow Group faced multiple legal battles in 2025, impacting its operations and financial results.
- Financial Reporting: The company disclosed its financial results for 2025, revealing the financial implications of the ongoing legal issues.
See More
Dow Jones Appoints Ben Levisohn as Editor in Chief of Barron's
- New Editor Appointment: Dow Jones has appointed Ben Levisohn as the editor in chief of Barron's, bringing 15 years of experience within the company, where he previously served as senior managing editor and was instrumental in launching Barron's Investor Circle, showcasing his expertise and leadership in financial publishing.
- Strong Market Interest: CEO Almar Latour noted that Levisohn takes the helm at a time of unprecedented investor interest in both the markets and Barron's, providing a favorable environment for him to drive brand growth and engagement.
- Rich Career Background: Levisohn began his career as a Wall Street equities trader with seven years of trading experience before transitioning to journalism in 2007, working at BusinessWeek and Bloomberg, which highlights his deep understanding of financial markets and passion for writing.
- Company Growth: Dow Jones recently reported a record quarter and six consecutive years of growth, currently boasting over 6 million subscriptions, indicating its strong influence and market position in the business news and intelligence sector.
See More
Morgan Stanley Lowers News Corp Price Target to $32.40
- Price Target Adjustment: Morgan Stanley has lowered its price target for News Corp (NWSA) from $38 to $32.40 while maintaining an Overweight rating, indicating a cautious outlook on the company's future performance.
- Earnings Update: This adjustment follows the update of FY26 first-half results, and despite the price target reduction, Morgan Stanley asserts that its fundamental positive thesis remains unchanged, suggesting continued optimism about News Corp's long-term potential.
- Earnings Expectations: News Corp reported a Q2 adjusted EPS of 40 cents, exceeding market expectations of 37 cents, demonstrating the company's resilience in the current economic environment.
- Buyback Plan: News Corp outlines a $1 billion share buyback plan for 2025, which is expected to enhance investor confidence and boost EPS, reflecting the company's proactive approach to capital management.
See More
News Corporation Q2 2026 Earnings Call Highlights
- Significant Revenue Growth: News Corporation reported Q2 revenue of $2.4 billion, a 6% increase year-over-year, with total segment EBITDA rising 9% to $521 million despite a one-time inventory charge at HarperCollins, reflecting ongoing improvements in revenue and profitability that bolster confidence in future growth.
- Accelerated Buyback Program: The company repurchased $172 million in shares during the second quarter, up $132 million from the previous year, indicating a commitment to maximizing shareholder value while maintaining financial flexibility, which further strengthens market confidence.
- Strong Digital Real Estate Performance: Realtor.com saw a 10% revenue increase to $143 million, while Dow Jones revenue rose 8% to $648 million, showcasing the company's success in digital transformation and expected continued revenue growth in the future.
- Optimistic AI Revenue Outlook: Management highlighted a $1.5 billion payout agreement with Anthropic, expected to generate significant revenue for HarperCollins, further advancing the company's strategic positioning in AI, despite challenges in the advertising market, while focusing on enhancing cost efficiencies.
See More
News Corp Q2 Earnings Exceed Expectations
- Earnings Beat: News Corp reported a Q2 non-GAAP EPS of $0.40, exceeding expectations by $0.03, which reflects ongoing improvements in profitability and boosts investor confidence.
- Significant Revenue Growth: The company achieved $2.36 billion in revenue for Q2, a 5.4% year-over-year increase that surpassed analyst expectations by $60 million, indicating effective sales strategies and competitive positioning in the market.
- Strong EBITDA Performance: Total segment EBITDA reached $521 million, a 9% increase from $478 million in the prior year, showcasing successful cost control and operational efficiency, thereby strengthening its financial foundation.
- One-Time Write-Off Impact: The results included a $16 million one-time write-off primarily related to inventory at HarperCollins’ international operations, yet the overall performance still demonstrates strong growth potential.
See More
News Corporation Earnings Report and Rating Adjustments
- Earnings Highlights: News Corporation's FQ2 2026 report shows a revenue increase to $2.4 billion, up 6%, with total segment EBITDA rising 9% to $521 million, indicating strong performance in digital real estate and Dow Jones segments.
- Profitability Changes: Despite a 21% drop in net income from continuing operations to $242 million due to the absence of an $87 million one-time gain from the previous year, adjusted EPS rose to $0.40, and profitability margins improved to 22.1%.
- Segment Performance: Both Dow Jones and Digital Real Estate segments achieved double-digit profit growth, with Dow Jones recording a record digital advertising revenue of $87 million and Realtor.com seeing a 10% revenue increase, showcasing successful digital transformation.
- Market Challenges: The News Media segment reported flat revenues and a 5% decline in EBITDA, reflecting challenges in the print advertising market, while Book Publishing grew 6% to $633 million but was impacted by a $16 million one-time inventory charge at HarperCollins, highlighting pressures faced by traditional media.
See More
Zillow Confronts Multiple Lawsuits: What’s Impacting Its Stock Performance?
- Legal Challenges: Zillow Group faced multiple legal battles in 2025, impacting its operations and financial results.
- Financial Reporting: The company disclosed its financial results for 2025, revealing the financial implications of the ongoing legal issues.
See More
Dow Jones Appoints Ben Levisohn as Editor in Chief of Barron's
- New Editor Appointment: Dow Jones has appointed Ben Levisohn as the editor in chief of Barron's, bringing 15 years of experience within the company, where he previously served as senior managing editor and was instrumental in launching Barron's Investor Circle, showcasing his expertise and leadership in financial publishing.
- Strong Market Interest: CEO Almar Latour noted that Levisohn takes the helm at a time of unprecedented investor interest in both the markets and Barron's, providing a favorable environment for him to drive brand growth and engagement.
- Rich Career Background: Levisohn began his career as a Wall Street equities trader with seven years of trading experience before transitioning to journalism in 2007, working at BusinessWeek and Bloomberg, which highlights his deep understanding of financial markets and passion for writing.
- Company Growth: Dow Jones recently reported a record quarter and six consecutive years of growth, currently boasting over 6 million subscriptions, indicating its strong influence and market position in the business news and intelligence sector.
See More
Morgan Stanley Lowers News Corp Price Target to $32.40
- Price Target Adjustment: Morgan Stanley has lowered its price target for News Corp (NWSA) from $38 to $32.40 while maintaining an Overweight rating, indicating a cautious outlook on the company's future performance.
- Earnings Update: This adjustment follows the update of FY26 first-half results, and despite the price target reduction, Morgan Stanley asserts that its fundamental positive thesis remains unchanged, suggesting continued optimism about News Corp's long-term potential.
- Earnings Expectations: News Corp reported a Q2 adjusted EPS of 40 cents, exceeding market expectations of 37 cents, demonstrating the company's resilience in the current economic environment.
- Buyback Plan: News Corp outlines a $1 billion share buyback plan for 2025, which is expected to enhance investor confidence and boost EPS, reflecting the company's proactive approach to capital management.
See More
News Corporation Q2 2026 Earnings Call Highlights
- Significant Revenue Growth: News Corporation reported Q2 revenue of $2.4 billion, a 6% increase year-over-year, with total segment EBITDA rising 9% to $521 million despite a one-time inventory charge at HarperCollins, reflecting ongoing improvements in revenue and profitability that bolster confidence in future growth.
- Accelerated Buyback Program: The company repurchased $172 million in shares during the second quarter, up $132 million from the previous year, indicating a commitment to maximizing shareholder value while maintaining financial flexibility, which further strengthens market confidence.
- Strong Digital Real Estate Performance: Realtor.com saw a 10% revenue increase to $143 million, while Dow Jones revenue rose 8% to $648 million, showcasing the company's success in digital transformation and expected continued revenue growth in the future.
- Optimistic AI Revenue Outlook: Management highlighted a $1.5 billion payout agreement with Anthropic, expected to generate significant revenue for HarperCollins, further advancing the company's strategic positioning in AI, despite challenges in the advertising market, while focusing on enhancing cost efficiencies.
See More
News Corp Q2 Earnings Exceed Expectations
- Earnings Beat: News Corp reported a Q2 non-GAAP EPS of $0.40, exceeding expectations by $0.03, which reflects ongoing improvements in profitability and boosts investor confidence.
- Significant Revenue Growth: The company achieved $2.36 billion in revenue for Q2, a 5.4% year-over-year increase that surpassed analyst expectations by $60 million, indicating effective sales strategies and competitive positioning in the market.
- Strong EBITDA Performance: Total segment EBITDA reached $521 million, a 9% increase from $478 million in the prior year, showcasing successful cost control and operational efficiency, thereby strengthening its financial foundation.
- One-Time Write-Off Impact: The results included a $16 million one-time write-off primarily related to inventory at HarperCollins’ international operations, yet the overall performance still demonstrates strong growth potential.
See More
