News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has reported that their fourth quarter and full year fiscal 2024 financial results align closely with market expectations, based on consensus analyst estimates, and do not show a material difference. The company, which does not provide its own earnings guidance, relies on these estimates for gauging market expectations on key financial metrics such as revenue, EBITDA, and adjusted EPS. They have reiterated that the consensus estimates, which are compiled from the forecasts of sell-side analysts, are not significantly adjusted by the company itself.
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