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News Corporation Q1 adjusted earnings Miss Estimates

Below are the earnings highlights for News Corporation (NWSA):

-Earnings: -$227 million in Q1 vs. $101 million in the same period last year.
-EPS: -$0.39 in Q1 vs. $0.17 in the same period last year.
-Excluding items, News Corporation reported adjusted earnings of $26 million or $0.04 per share for the period.
-Analysts projected $0.05 per share
-Revenue: $2.41 billion in Q1 vs. $2.52 billion in the same period last year.

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