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News Corp.: Fiscal 1Q Earnings Snapshot

NEW YORK (AP) _ News Corp. (NWSA) on Thursday reported a fiscal first-quarter loss of $227 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of 39 cents. Earnings, adjusted for non-recurring costs, came to 4 cents per share.

The publishing company whose flagship is The Wall Street Journal posted revenue of $2.34 billion in the period.

News Corp. shares have increased 17% since the beginning of the year, while the Standard & Poor's 500 index has climbed 23%. In the final minutes of trading on Thursday, shares hit $13.32, a decrease of almost 1% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NWSA at https://www.zacks.com/ap/NWSA