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News Corp. Hits Targets

Stock quotes in this article: NWS , FOX , DTV , BSY  

News Corp. (NWS Quote) posted a strong fourth-quarter earnings report Wednesday, paced by growth in its television, cable network programming and newspaper segments.

For the fiscal fourth quarter ended June 30, the big media company earned $399 million, or 29 cents a share. That's up from the year-ago $370 million, or 24 cents a share. Excluding certain costs, latest-quarter earnings were $429 million, or 29 cents a share.

Revenue rose 20% from a year earlier to $5.52 billion, and operating income rose 31% from a year ago to $747 million. ...

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