Media headlines about News Corp (NASDAQ:NWS) have trended somewhat positive on Friday, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. News Corp earned a media sentiment score of 0.14 on Alpha One’s scale. Alpha One also assigned news headlines about the company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near future.
Shares of News Corp (NASDAQ:NWS) traded up 1.15% on Friday, hitting $13.20. The company had a trading volume of 230,926 shares. News Corp has a 12-month low of $10.90 and a 12-month high of $15.22. The firm has a 50 day moving average of $13.09 and a 200-day moving average of $12.70. The firm’s market capitalization is $7.68 billion.
News Corp (NASDAQ:NWS) last issued its quarterly earnings results on Tuesday, May 9th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.04 by $0.03. News Corp had a positive return on equity of 1.63% and a negative net margin of 4.43%. The firm had revenue of $1.98 billion during the quarter. On average, equities analysts predict that News Corp will post $1.39 EPS for the current year.
About News Corp
News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.
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