News Corporation · NWS · FY2025 Q4 · Calendar Q3 2025

News Corp leans on B2B, subscriptions and real estate growth

The supplied analysis supports a constructive but qualified view of News Corp’s operating trajectory: B2B information services, digital subscriptions, and real-estate products were identified as growth engines, while advertising, housing, AI-related legal exposure, and capital allocation remain important tests.

Reported After market closeNASDAQCommunication Services $17.52B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $0.19 Consensus $0.20
EPS surprise -4.7% Reported versus consensus
Reported revenue $2.11B Consensus $2.09B
Revenue surprise +0.7% Reported versus consensus

Market reaction

event-close to next-session close
Stock move +1.1% Event window
SPY move +0.8% Same window
Abnormal move +0.3% Stock minus SPY
Volume 2.0× Versus trailing sessions
Subsequent drift -2.2% Up to 20 sessions
NWSSPY benchmark

Ask FN2 about NWS FY2025 Q4

Transcript, numbers and history already loaded
Why did NWS rise 1.1% after missing EPS estimates in FY2025 Q4?What changed in NWS's guidance and outlook in FY2025 Q4?Give me the bull and bear case for NWS after FY2025 Q4 earnings.

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Transcript intelligence

What changed

Relative to the prior analysis, the current analysis places more emphasis on record performance, accelerated buybacks funded by the Foxtel sale, Zenlist and manga acquisitions, and expanded partnerships. It also highlights rising capital spending and explicit AI intellectual-property protection as areas to monitor.

Guidance delta

No formal guidance sentiment was provided in the supplied analysis; the forward emphasis was on professional information, digital subscriptions, real estate products, acquisitions, partnerships, and continued buybacks.

Key takeaways

  • The current analysis describes record fiscal 2025 performance led by Dow Jones B2B services, digital real estate, and Book Publishing.
  • Management emphasized professional information, digital subscriptions, Realtor.com product expansion, and partnerships as growth priorities.
  • The Foxtel sale enabled accelerated buybacks and reduced debt, while acquisitions added Zenlist and European manga assets.
  • The main counterweights are soft advertising, housing-market weakness, AI-related intellectual-property exposure, and book-demand volatility.

Management priorities

  • Expand Dow Jones professional services and AI-driven data products.
  • Integrate Zenlist into Realtor.com and enhance RealPRO offerings.
  • Scale manga publishing in France and Germany and expand the Spotify audiobook partnership in Europe.
  • Maintain and accelerate stock repurchases while managing debt and capital spending.

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Earnings History

Estimate Beat Miss Match
NWS EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 3 future estimate-only quarters. Q3 '24 estimate $0.11 Q3 '24 actual $0.11, match Q4 '24 estimate $0.16 Q4 '24 actual $0.17, beat Q1 '25 actual $0.21, None Q4 '25 estimate $0.20 Q4 '25 actual $0.19, match Q1 '26 estimate $0.19 Q1 '26 actual $0.22, beat Q2 '26 estimate $0.25 Q2 '26 actual $0.40, beat Q3 '26 estimate $0.19 Q3 '26 actual $0.21, beat Q4 '26 estimate $0.23 Q4 '26 actual $0.35, beat Q1 '27 estimate $0.26 Q2 '27 estimate $0.44 Q3 '27 estimate $0.25
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Analyst Consensus ?

ConsensusBuy33 ratings
Bullish2163.6%
Neutral927.3%
Bearish39.1%

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
JP Morgan Overweight OverweightMaintainAug 20, 2023
Guggenheim Buy BuyMaintainAug 13, 2023
Loop Capital Buy HoldUpgradeJan 24, 2023
Macquarie Neutral OutperformDowngradeJul 27, 2022
UBS Buy NeutralUpgradeJul 25, 2021
Credit Suisse Outperform NeutralUpgradeAug 11, 2019
Goldman Sachs Buy NeutralUpgradeOct 8, 2018
Morgan Stanley Underweight Equal WeightDowngradeAug 19, 2018
Citigroup Buy NeutralUpgradeJul 26, 2017
Rosenblatt Buy BuyMaintainJul 14, 2017
CLSA Outperform BuyMaintainNov 7, 2016
Bank of America Underperform NeutralDowngradeOct 27, 2016
B of A Securities Underperform NeutralDowngradeOct 27, 2016
Wells Fargo Perform OutperformDowngradeNov 9, 2015
Jefferies Buy BuyMaintainNov 6, 2014
S&P Capital IQ Hold BuyDowngradeDec 16, 2013
FBR Capital Perform Market PerformMaintainNov 5, 2013
Evercore Partners Equal Weight Equal WeightMaintainOct 1, 2013
Deutsche Bank Buy BuyMaintainJul 8, 2013
Lazard Neutral NeutralMaintainJul 1, 2013
BTIG Research Neutral BuyDowngradeJun 19, 2013
BTIG Neutral BuyDowngradeJun 18, 2013
CIMB Neutral NeutralMaintainJun 13, 2013
Wunderlich Buy BuyMaintainMay 9, 2013
Wunderlich Securities Buy BuyMaintainMay 8, 2013
Nomura Buy BuyMaintainFeb 6, 2013
Bernstein Outperform Market PerformUpgradeJan 9, 2013
Canaccord Genuity Buy BuyMaintainDec 18, 2012
Shaw Stockbroking Buy HoldUpgradeNov 12, 2012
Barclays Overweight OverweightMaintainOct 1, 2012
Wedbush Outperform OutperformMaintainAug 8, 2012
Miller Tabak Buy BuyMaintainJun 27, 2012
Needham Buy HoldUpgradeJun 26, 2012
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Company context

Snapshot as of publication

News Corporation stands as a leading global enterprise in media and information services, dedicated to creating and distributing compelling, authoritative content, alongside a variety of products and services, for consumers and businesses worldwide. Its extensive operations are segmented into six core areas: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company disseminates a rich array of content and data products, including renowned titles like The Wall Street Journal, Barron's, MarketWatch, and Factiva, through diverse mediums such as print newspapers, websites, mobile applications, proprietary databases, video, and podcasts.…

Historical context

All NWS earnings
+1.5%FY2026 Q3 · Calendar Q2 2026-6.4%FY2026 Q2 · Calendar Q1 2026+6.4%FY2026 Q1 · Calendar Q4 2025

Latest beats and misses

Who reports next

Beat on EPS

Missed on EPS

Get the NWS recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
  3. Polygon adjusted daily market bars · 2026-10-06T01:40:43.607289+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-06. For educational purposes only; not investment advice.