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News Corp.: Fiscal 2Q Earnings Snapshot

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NEW YORK (AP) _ News Corp. (NWS) on Thursday reported fiscal second-quarter earnings of $231 million.

The New York-based company said it had net income of 39 cents per share. Earnings, adjusted for one-time gains and costs, were 34 cents per share.

The publishing company whose flagship is The Wall Street Journal posted revenue of $2.41 billion in the period.

News Corp. shares have increased 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $19.57, a climb of 38% in the last 12 months.

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