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News Corporation Bottom Line Rises In Q2

News Corporation (NWSA) revealed earnings for its second quarter that climbed from last year.

The company said its bottom line advanced to $138 million, or $0.24 per share. This was higher than $110 million, or $0.19 per share, in last year's second quarter.

Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.8% to $2.18 billion. This was up from $2.12 billion last year.

News Corporation earnings at a glance:

-Earnings (Q2): $138 Mln. vs. $110 Mln. last year.
-Earnings Growth (Y-o-Y): 25.5%
-EPS (Q2): $0.24 vs. $0.19 last year.
-EPS Growth (Y-o-Y): 26.3%
-Analysts Estimate: $0.19
-Revenue (Q2): $2.18 Bln vs. $2.12 Bln last year.
-Revenue Change (Y-o-Y): 2.8%

by RTT Staff Writer

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