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News Corp reports higher fiscal fourth-quarter revenue; shares fall nearly 4%

News Corp reports higher fiscal fourth-quarter revenue; shares fall nearly 4%

Adjusted earnings and revenue beat estimates as digital real estate and Dow Jones lifted results, with net income from continuing operations jumping 167%.

Fact Check
The official News Corp earnings release confirms every core financial element of the claim: higher fiscal Q4 revenue ($2.34B, +11%), and net income from continuing operations jumping 167% to $230M. It also confirms digital real estate and Dow Jones as key lifting segments. Reuters independently confirms that adjusted earnings and revenue beat analyst estimates. The 'shares fall nearly 4%' element is a plausible market reaction not confirmed by these two primary sources, but it does not contradict the financial facts, which are all verified.
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Summary

News Corp reported fiscal fourth-quarter 2026 revenue of $2.34 billion and adjusted earnings per share of $0.35, beating analysts' expectations and extending the company's shift toward subscription and digital businesses. Net income from continuing operations surged 167% to $230 million, while revenue topped analysts' average estimate of $2.23 billion and adjusted earnings exceeded the $0.21 consensus, according to LSEG data. Growth at Dow Jones, where revenue rose 7%, and digital real estate services, up 19%, helped drive the quarter, alongside strength in book publishing. CEO Robert Thomson said News Corp has trusted content relationships with OpenAI and Meta and is in advanced discussions with several other companies, highlighting potential AI-related licensing revenue. Shares nevertheless fell nearly 4% in after-hours trading.

Terms & Concepts
  • Adjusted earnings per share: A profit-per-share measure that excludes selected items to reflect a company's underlying operating performance.
  • Continuing operations: The parts of a business that are still active and expected to remain part of the company, excluding divested or discontinued units.
  • After-hours trading: Stock trading that takes place after the regular market session closes.