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0 0.000396510705788977 -0.000793021411578096 0.000396510705788977 0.000793021411578096 0.000396510705788977 0.00158604282315619 0.000991276764472584
Stock impact report

Countdown to News Corp. (NWSA) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS [Yahoo! Finance]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: Yahoo! Finance
year-over-year increase of 44.4%. It is anticipated that revenues will amount to $2.48 billion, exhibiting an increase of 1.4% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more co Show less Read more
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