LOS ANGELES (AP) -- News Corp. reports its fiscal first-quarter earnings after the market closes Monday, with analysts expecting a narrow profit and a slight uptick in revenue in its first full quarter after its spin-off from 21st Century Fox.
WHAT TO WATCH FOR: Advertising revenue is a key focus for the company, which now comprises mostly newspapers worldwide including The Wall Street Journal, along with Australian TV assets and its for-profit education business, Amplify.
Advertising is expected to be pressured as advertising dollars have flowed from newspapers to social media networks like Facebook and Twitter.
The company's ability to raise money through digital subscriptions will be watched closely, as well as how much it is investing in Amplify in its early stages.
News Corp. spun off from entertainment giant 21st Century Fox at the end of June. Both companies are controlled by Rupert Murdoch, who serves as News Corp.'s executive chairman.
WHY IT MATTERS: The fortunes of News Corp. are now more closely aligned with the newspaper industry as it transitions to digital outlets. Even as consumption of news online is flourishing, the financial health of the business is in doubt. News Corp. is a leader and bellwether company in the space.
WHAT'S EXPECTED: Analysts polled by FactSet expect News Corp. to post 5 cents per share in adjusted earnings on revenue of $2.18 billion.
LAST YEAR'S QUARTER: The units that comprise News Corp. today posted revenue of $2.13 billion and a net loss of 16 cents per share a year ago.