News Income Statement Research

NWSA Stock

USD 24.02 0.01 0.04%

Most accounts from News Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into News Corp A current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out News Corp Valuation and News Corp Correlation analysis.

At present, News Corp's Gross Profit is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 789 M, whereas Depreciation And Amortization is forecasted to decline to about 612.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	99M	100M	115M	59.5M
Depreciation And Amortization	688M	714M	821.1M	612.4M

Interest Expense Depreciation And Amortization

News Corp income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Cost Of Revenue	Minority Interest	Selling And Marketing Expenses	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Extraordinary Items	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.73	0.86	-0.87	0.86	0.18	-0.19	-0.01	0.86	0.39	0.16	0.37	0.13	-0.72	0.86	0.11	-0.78	0.37	0.25	-0.05	0.48	-0.24	0.34	-0.84	0.92
Interest Expense	0.73		0.68	-0.43	0.7	-0.31	-0.28	-0.14	0.7	0.47	0.46	0.55	-0.18	-0.27	0.64	-0.4	-0.36	0.05	0.66	-0.44	0.39	-0.14	-0.03	-0.54	0.58
Total Revenue	0.86	0.68		-0.75	0.98	0.12	-0.21	-0.03	0.98	0.46	0.27	0.36	0.38	-0.64	0.93	-0.22	-0.7	0.4	0.29	-0.25	0.24	-0.01	0.27	-0.89	0.91
Gross Profit	-0.87	-0.43	-0.75		-0.71	-0.52	-0.01	-0.18	-0.71	-0.3	0.04	-0.22	-0.35	0.92	-0.8	-0.34	0.85	-0.55	-0.06	-0.22	-0.58	0.42	-0.51	0.87	-0.94
Other Operating Expenses	0.86	0.7	0.98	-0.71		0.07	-0.23	-0.04	1.0	0.43	0.26	0.37	0.27	-0.64	0.97	-0.21	-0.61	0.32	0.31	-0.26	0.23	0.02	0.17	-0.82	0.87
Operating Income	0.18	-0.31	0.12	-0.52	0.07		0.47	0.49	0.07	-0.22	-0.59	-0.36	0.41	-0.56	0.18	0.56	-0.41	0.32	-0.53	0.75	0.27	-0.34	0.4	-0.29	0.32
Ebit	-0.19	-0.28	-0.21	-0.01	-0.23	0.47		0.98	-0.23	-0.84	-0.85	-0.84	-0.1	-0.05	-0.17	0.21	0.07	0.03	-0.35	0.46	-0.05	-0.08	-0.05	0.13	-0.1
Ebitda	-0.01	-0.14	-0.03	-0.18	-0.04	0.49	0.98		-0.04	-0.77	-0.83	-0.79	-0.05	-0.19	0.01	0.21	-0.08	0.11	-0.3	0.44	0.04	-0.13	0.01	-0.04	0.09
Total Operating Expenses	0.86	0.7	0.98	-0.71	1.0	0.07	-0.23	-0.04		0.43	0.26	0.37	0.27	-0.64	0.97	-0.21	-0.61	0.32	0.31	-0.26	0.23	0.02	0.17	-0.82	0.87
Income Before Tax	0.39	0.47	0.46	-0.3	0.43	-0.22	-0.84	-0.77	0.43		0.9	0.95	0.29	-0.24	0.4	-0.2	-0.31	0.09	0.58	-0.46	0.44	-0.24	0.21	-0.43	0.4
Total Other Income Expense Net	0.16	0.46	0.27	0.04	0.26	-0.59	-0.85	-0.83	0.26	0.9		0.9	0.11	0.1	0.18	-0.4	-0.02	-0.1	0.7	-0.71	0.23	-0.04	0.0	-0.17	0.12
Net Income	0.37	0.55	0.36	-0.22	0.37	-0.36	-0.84	-0.79	0.37	0.95	0.9		-0.02	-0.17	0.35	-0.21	-0.15	0.01	0.7	-0.52	0.42	-0.25	0.06	-0.29	0.29
Income Tax Expense	0.13	-0.18	0.38	-0.35	0.27	0.41	-0.1	-0.05	0.27	0.29	0.11	-0.02		-0.29	0.23	0.02	-0.52	0.26	-0.3	0.14	0.1	0.03	0.48	-0.48	0.41
Selling General Administrative	-0.72	-0.27	-0.64	0.92	-0.64	-0.56	-0.05	-0.19	-0.64	-0.24	0.1	-0.17	-0.29		-0.79	-0.31	0.63	-0.46	-0.01	-0.27	-0.54	0.37	-0.4	0.72	-0.8
Cost Of Revenue	0.86	0.64	0.93	-0.8	0.97	0.18	-0.17	0.01	0.97	0.4	0.18	0.35	0.23	-0.79		-0.08	-0.58	0.32	0.29	-0.16	0.31	-0.05	0.14	-0.8	0.88
Minority Interest	0.11	-0.4	-0.22	-0.34	-0.21	0.56	0.21	0.21	-0.21	-0.2	-0.4	-0.21	0.02	-0.31	-0.08		-0.26	0.18	-0.36	0.54	0.26	-0.36	0.25	0.02	0.12
Selling And Marketing Expenses	-0.78	-0.36	-0.7	0.85	-0.61	-0.41	0.07	-0.08	-0.61	-0.31	-0.02	-0.15	-0.52	0.63	-0.58	-0.26		-0.64	0.1	-0.19	-0.39	0.32	-0.67	0.89	-0.88
Discontinued Operations	0.37	0.05	0.4	-0.55	0.32	0.32	0.03	0.11	0.32	0.09	-0.1	0.01	0.26	-0.46	0.32	0.18	-0.64		-0.14	0.12	0.02	-0.37	0.78	-0.58	0.54
Net Income From Continuing Ops	0.25	0.66	0.29	-0.06	0.31	-0.53	-0.35	-0.3	0.31	0.58	0.7	0.7	-0.3	-0.01	0.29	-0.36	0.1	-0.14		-0.79	0.36	-0.19	-0.21	-0.16	0.16
Non Recurring	-0.05	-0.44	-0.25	-0.22	-0.26	0.75	0.46	0.44	-0.26	-0.46	-0.71	-0.52	0.14	-0.27	-0.16	0.54	-0.19	0.12	-0.79		0.18	-0.33	0.24	0.09	0.01
Non Operating Income Net Other	0.48	0.39	0.24	-0.58	0.23	0.27	-0.05	0.04	0.23	0.44	0.23	0.42	0.1	-0.54	0.31	0.26	-0.39	0.02	0.36	0.18		-0.8	0.34	-0.34	0.45
Tax Provision	-0.24	-0.14	-0.01	0.42	0.02	-0.34	-0.08	-0.13	0.02	-0.24	-0.04	-0.25	0.03	0.37	-0.05	-0.36	0.32	-0.37	-0.19	-0.33	-0.8		-0.56	0.17	-0.27
Extraordinary Items	0.34	-0.03	0.27	-0.51	0.17	0.4	-0.05	0.01	0.17	0.21	0.0	0.06	0.48	-0.4	0.14	0.25	-0.67	0.78	-0.21	0.24	0.34	-0.56		-0.5	0.46
Net Interest Income	-0.84	-0.54	-0.89	0.87	-0.82	-0.29	0.13	-0.04	-0.82	-0.43	-0.17	-0.29	-0.48	0.72	-0.8	0.02	0.89	-0.58	-0.16	0.09	-0.34	0.17	-0.5		-0.95
Reconciled Depreciation	0.92	0.58	0.91	-0.94	0.87	0.32	-0.1	0.09	0.87	0.4	0.12	0.29	0.41	-0.8	0.88	0.12	-0.88	0.54	0.16	0.01	0.45	-0.27	0.46	-0.95

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News Corp Account Relationship Matchups

News Corp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	25M	53M	99M	100M	115M	59.5M
Total Revenue	9.0B	9.4B	10.4B	9.9B	11.4B	10.0B
Gross Profit	3.4B	3.8B	4.6B	4.0B	3.6B	5.6B
Operating Income	2.2B	671M	1.0B	230M	264.5M	251.3M
Ebit	2.2B	671M	1.0B	580M	522M	789.0M
Ebitda	2.8B	1.4B	1.7B	1.3B	1.5B	1.7B
Income Before Tax	(1.5B)	450M	812M	330M	379.5M	398.5M
Net Income	(1.5B)	330M	623M	149M	171.4M	179.9M
Income Tax Expense	21M	61M	52M	143M	164.5M	172.7M
Cost Of Revenue	5.6B	5.5B	5.8B	5.8B	6.7B	5.9B
Minority Interest	807M	935M	(137M)	(38M)	(43.7M)	(41.5M)
Non Recurring	1.8B	168M	109M	150M	172.5M	163.9M
Tax Provision	21M	61M	52M	143M	128.7M	81.5M
Net Interest Income	(25M)	(53M)	(99M)	(100M)	(90M)	(85.5M)

News Corp Investors Sentiment

The influence of News Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in News. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to News Corp's public news can be used to forecast risks associated with an investment in News. The trend in average sentiment can be used to explain how an investor holding News can time the market purely based on public headlines and social activities around News Corp A. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

News Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for News Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average News Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on News Corp.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards News Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, News Corp's short interest history, or implied volatility extrapolated from News Corp options trading.

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When determining whether News Corp A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of News Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of News Corp A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on News Corp A Stock:

How To Invest In News

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Is News Stock a good investment?

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What is News Corp's Net Worth?

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Check out News Corp Valuation and News Corp Correlation analysis.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running News Corp's price analysis, check to measure News Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy News Corp is operating at the current time. Most of News Corp's value examination focuses on studying past and present price action to predict the probability of News Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move News Corp's price. Additionally, you may evaluate how the addition of News Corp to your portfolios can decrease your overall portfolio volatility.

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Is News Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of News Corp. If investors know News will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about News Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.321

Dividend Share

0.2

Earnings Share

0.4

Revenue Per Share

17.394

Quarterly Revenue Growth

0.026

The market value of News Corp A is measured differently than its book value, which is the value of News that is recorded on the company's balance sheet. Investors also form their own opinion of News Corp's value that differs from its market value or its book value, called intrinsic value, which is News Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because News Corp's market value can be influenced by many factors that don't directly affect News Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between News Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if News Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, News Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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News Income Statement Research

News Corp income statement Correlations

News Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

News Corp income statement Accounts

News Corp Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Operating Expenses	+ 1.0	Other Operating Expenses
Other Operating Expenses	+ 0.98	Total Revenue
Total Operating Expenses	+ 0.98	Total Revenue
Ebitda	+ 0.98	Ebit
Cost Of Revenue	+ 0.97	Other Operating Expenses
Cost Of Revenue	+ 0.97	Total Operating Expenses

Reconciled Depreciation	- 0.95	Net Interest Income
Reconciled Depreciation	- 0.94	Gross Profit
Net Interest Income	- 0.89	Total Revenue
Reconciled Depreciation	- 0.88	Selling And Marketing Expenses
Gross Profit	- 0.87	Depreciation And Amortization
Total Other Income Expense Net	- 0.85	Ebit