News (NASDAQ:NWSA) reported its Q2 earnings results on Thursday, February 3, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
News beat estimated earnings by 41.94%, reporting an EPS of $0.44 versus an estimate of $0.31, which surprised analysts.
Revenue was up $303.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09, which was followed by a 3.83% increase in the share price the next day.
Here’s a look at News’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | 0.03 | 0.04 | 0.10 |
| EPS Actual | 0.23 | 0.16 | 0.09 | 0.34 |
| Revenue Estimate | 2.35B | 2.21B | 2.19B | 2.24B |
| Revenue Actual | 2.50B | 2.49B | 2.33B | 2.41B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
