News Corp. (NWS,NWSA) reported second quarter net income attributable to the company of $254 million or $0.10 per share for the second quarter, compared to a net loss of $6.4 billion or $2.45 per share in the previous year quarter.
Excluding one-time items, second quarter adjusted earnings were $644 million or $0.25 per share, compared to $399 million or $0.15 per share in the year ago quarter.
Total revenue for the second quarter increased 10% to $8.7 billion from $7.9 billion in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.20 per share on revenue of $8.23 billion for the quarter. Analysts' estimates typically exclude special items.
Further, the company said it has declared a dividend of $0.075 per Class A share and Class B share, which represents a 25% increase over the previous dividend. This dividend is payable on April 14 with a record date for determining dividend entitlements of March 10.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.