News Corp to Report Fiscal 2023 First Quarter Earnings on May 10

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News Corp Intrinsic Stock Value – News Corp ($NASDAQ:NWSA) is a global media and information services company. It operates in four segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, and Book Publishing. News Corp will report its fiscal 2023 first quarter earnings on May 10.

Earnings

In its latest earning report for fiscal year 2022, News Corp earned 10385.0 million USD in total revenue, and 623.0 million USD in net income. This represents an 11.0% increase in total revenue and an 88.8% increase in net income compared to the previous year. News Corp’s total revenue has grown from 9008.0 million USD to 10385.0 million USD over the last three years.

Market Price

On Tuesday, NEWS CORP stock opened at $17.1 and closed at $17.0, up by 0.7% from prior closing price of 16.9. NEWS CORP has been benefiting from the strong performance of its cable network business, as well as its digital real estate business. Wall Street is bullish on the company and is expecting it to continue to perform well in the future.

VI Analysis – News Corp Intrinsic Stock Value

The company’s businesses include newspapers, magazines, digital media, television, film, books, and more. The company’s fundamentals reflect its long term potential. News Corp‘s share price is undervalued by 16%. The company’s fair value is around $20.3, calculated by VI Line. News Corp is currently trading at $17.0, which represents a discount of 16%.

VI Peers

The company was founded by Rupert Murdoch in 1979. News Corp is headquartered in New York, New York. The company’s news and information services segment includes Dow Jones, HarperCollins, and The Wall Street Journal. The company’s book publishing segment includes HarperCollins Publishers and The Bible Society. The company’s digital real estate services segment includes Move, Inc. and Realtor.com. The company’s other segment includes Foxtel and Sky Deutschland.

– Gannett Co Inc ($NYSE:GCI)

Gannett Co Inc is a publicly traded media holding company headquartered in Tysons, Virginia, United States. It is the largest U.S. newspaper publisher as measured by total daily circulation. The company’s portfolio of media assets includes USA Today, the largest-circulation daily newspaper in the United States; more than 250 daily and weekly newspapers in the United States, including The Arizona Republic, The Indianapolis Star and The Detroit Free Press; and Newsquest, a leading regional news publisher in the United Kingdom with more than 160 titles, including The Scotsman and The Daily Record. Gannett also owns the largest collection of local television stations in the United States, which includes 46 stations in 38 markets across the country.

– New York Times Co ($NYSE:NYT)

The New York Times Company is a leading media organization with a market capitalization of $4.9 billion and a return on equity of 10.7%. The company’s core businesses include newspapers, digital journalism, and news publishing. Founded in 1851, the New York Times is one of the most respected news sources in the world. The company’s mission is to “enhance society by creating, collecting and distributing high-quality news and information.”

– Pearson PLC ($LSE:PSON)

Pearson PLC is a British multinational publishing and education company headquartered in London. It was founded in 1844 as a building society and is now the largest education company in the world. Pearson PLC has a market cap of 6.43B as of 2022 and a Return on Equity of 5.41%. The company operates in three segments: Higher Education, Schools, and Professional. Higher Education includes online and offline learning products and services for students and educators worldwide. Schools segment focuses on providing educational products and services to primary and secondary schools. Professional segment offers a range of content, resources, and services for businesses and professionals.

Summary

Investing in News Corp is a bet on the future of news and information. The company is one of the largest media conglomerates in the world, with a portfolio that includes some of the most iconic news brands. The company’s businesses include news and information services, book publishing, digital real estate services, and cable network programming in the United States. The company’s primary listing is on the Nasdaq Stock Market in the United States. News Corp is controlled by Rupert Murdoch and his family.

News Corp is now focused on its core news and information businesses. Investors are betting that News Corp will continue to be a leader in the global news and information landscape. The company’s strong portfolio of assets and experienced management team make it a attractive investment.