The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict News' revenues will wane -2.5% and EPS will compress -11.1%.
The average estimate for revenue is $8.74 billion. On the bottom line, the average EPS estimate is $0.32.
Last quarter, News chalked up revenue of $8.40 billion. GAAP reported sales were 1.8% higher than the prior-year quarter's $8.26 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.37. GAAP EPS of $0.38 for Q3 were 58% higher than the prior-year quarter's $0.24 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 37.9%, 240 basis points better than the prior-year quarter. Operating margin was 15.6%, 120 basis points better than the prior-year quarter. Net margin was 11.2%, 350 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $34.07 billion. The average EPS estimate is $1.40.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 113 members out of 137 rating the stock outperform, and 24 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give News a green thumbs-up, and eight give it a red thumbs-down.
- Add News to My Watchlist.