Equity Profile

NWSA

News Corporation

Communication ServicesPublishing$15.6B

Aug4Tue

Pre-Earnings Brief

UpcomingQ4-2026After Close5:00 PM EDT

Company Snapshot

News Corporation (NWSA) operates in the Communication Services sector, focusing on publishing and media. As a significant player in the industry, it provides news and information through various platforms, which is crucial in today's fast-paced digital landscape.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and helps investors gauge the company's financial health.

0.23

Revenue

Revenue figures provide insight into the company's sales performance and growth potential.

2.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

NWSA Q4-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+12.05%

Avg Stock Reaction

+0.48%

Last Quarter Recap

In Q3-2026, News Corporation reported an EPS of $0.21, exceeding expectations by 31.25%. The stock reacted positively, gaining 3.21% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect a modest earnings performance this quarter, with a consensus EPS of $0.23. The market is closely watching how the company navigates challenges in the publishing industry.

Bull Case

If News Corporation beats EPS expectations, it could signal strong operational efficiency and effective cost management, potentially boosting investor confidence.

Bear Case

Conversely, if the company misses EPS estimates, it may raise concerns about declining revenue and profitability in a challenging media landscape.

Key Metrics to Watch

Earnings Per Share (EPS)

0.23

EPS is a key indicator of profitability and helps investors gauge the company's financial health.

Revenue

2.2B

Revenue figures provide insight into the company's sales performance and growth potential.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will EPS exceed the consensus estimate of $0.23?

A beat on EPS could indicate stronger-than-expected profitability and operational performance, which is crucial for investor sentiment.

How is revenue tracking against the $2.2B consensus?

Revenue performance will be key to understanding the company's growth trajectory and its ability to adapt to market challenges.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for News Corporation to exceed EPS expectations due to improved cost management and operational efficiencies.

Supporting Evidence

The company has a strong track record of beating EPS estimates, with a 75% success rate in the last eight quarters.

Options pricing suggests a significant move is expected, indicating that investors are bracing for potential surprises.

Key Risk

If revenue comes in below $2.2B, it could undermine the positive sentiment around the EPS beat.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will reflect how well News Corporation is managing its business in a competitive and evolving media landscape.

Bull Confirmed If

An EPS of $0.26 or higher would confirm the bull case, indicating strong earnings growth.

Bear Confirmed If

An EPS of $0.20 or lower would confirm the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±15.61%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors are anticipating volatility around the earnings report.

Options are pricing ±15.6% while NWSA has averaged ±1.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

22.0%

Calls (3K)P/C Ratio: 2.80Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Communication Services

n=30

Fade rate: 13 of 28 (46%)

This setup has occurred 30 times across Communication Services in the last 2 years. 13 of 28 faded and 15 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.1%, with a raw directional average of +1.9% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If News Corporation beats expectations, history suggests the stock could rise by around 0.59%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the market may react cautiously, leading to minimal movement as investors await further guidance.

Miss

If the company misses expectations, history suggests a potential decline of about 0.16%, raising concerns about future growth.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost-cutting measures and their impact on profitability.
2Insights into advertising revenue trends and how they are affecting overall sales.
3Management's outlook on the publishing industry and any strategic shifts.
4Details on subscriber growth or retention rates across digital platforms.
5Any commentary on competitive pressures and how the company plans to address them.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and helps investors gauge the company's financial health.

0.23

Revenue

Revenue figures provide insight into the company's sales performance and growth potential.

2.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

NWSA Q4-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+12.05%

Avg Stock Reaction

+0.48%

Last Quarter Recap

In Q3-2026, News Corporation reported an EPS of $0.21, exceeding expectations by 31.25%. The stock reacted positively, gaining 3.21% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect a modest earnings performance this quarter, with a consensus EPS of $0.23. The market is closely watching how the company navigates challenges in the publishing industry.

Bull Case

If News Corporation beats EPS expectations, it could signal strong operational efficiency and effective cost management, potentially boosting investor confidence.

Bear Case

Conversely, if the company misses EPS estimates, it may raise concerns about declining revenue and profitability in a challenging media landscape.

Key Metrics to Watch

Earnings Per Share (EPS)

0.23

EPS is a key indicator of profitability and helps investors gauge the company's financial health.

Revenue

2.2B

Revenue figures provide insight into the company's sales performance and growth potential.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will EPS exceed the consensus estimate of $0.23?

A beat on EPS could indicate stronger-than-expected profitability and operational performance, which is crucial for investor sentiment.

How is revenue tracking against the $2.2B consensus?

Revenue performance will be key to understanding the company's growth trajectory and its ability to adapt to market challenges.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for News Corporation to exceed EPS expectations due to improved cost management and operational efficiencies.

Supporting Evidence

The company has a strong track record of beating EPS estimates, with a 75% success rate in the last eight quarters.

Options pricing suggests a significant move is expected, indicating that investors are bracing for potential surprises.

Key Risk

If revenue comes in below $2.2B, it could undermine the positive sentiment around the EPS beat.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will reflect how well News Corporation is managing its business in a competitive and evolving media landscape.

Bull Confirmed If

An EPS of $0.26 or higher would confirm the bull case, indicating strong earnings growth.

Bear Confirmed If

An EPS of $0.20 or lower would confirm the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±15.61%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors are anticipating volatility around the earnings report.

Options are pricing ±15.6% while NWSA has averaged ±1.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

22.0%

Calls (3K)P/C Ratio: 2.80Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Communication Services

n=30

Fade rate: 13 of 28 (46%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If News Corporation beats expectations, history suggests the stock could rise by around 0.59%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the market may react cautiously, leading to minimal movement as investors await further guidance.

Miss

If the company misses expectations, history suggests a potential decline of about 0.16%, raising concerns about future growth.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost-cutting measures and their impact on profitability.
2Insights into advertising revenue trends and how they are affecting overall sales.
3Management's outlook on the publishing industry and any strategic shifts.
4Details on subscriber growth or retention rates across digital platforms.
5Any commentary on competitive pressures and how the company plans to address them.