News Corp., the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of 4 cents per share, compared to the consensus estimate of 1 cent per share. However, the company also reported a total revenue of $2.46 billion, which fell below expectations of $2.5 billion.
Source: Inman News
News Corp. falls short on revenue, touts ‘healthy growth’ in real estate services
Published in earnings, Industry News, Investing, Markets & Economy, Move, news corp, rea group, realtor.com, robert thomson, Select and wall street
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