News Corporation Profit Rises 24% In Q4

(RTTNews) - News Corporation (NWSA) revealed earnings for its fourth quarter that climbed from last year.

The company said its bottom line advanced to $61 million, or $0.10 per share. This was higher than $49 million, or $0.08 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.13 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.2% to $2.23 billion. This was up from $2.12 billion last year.

News Corporation earnings at a glance:

-Earnings (Q4): $61 Mln. vs. $49 Mln. last year. -Earnings Growth (Y-o-Y): 24.5% -EPS (Q4): $0.10 vs. $0.08 last year. -EPS Growth (Y-o-Y): 25.0% -Analysts Estimate: $0.13 -Revenue (Q4): $2.23 Bln vs. $2.12 Bln last year. -Revenue Change (Y-o-Y): 5.2%