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News is under Algo Engine sell conditions, however, we expect to see a switch in 2021 to buy conditions and will remain on watch for the buy signal alert.
2Q21 EBITDA came in well ahead of expectations with News Corp reporting 2Q21 EBITDA of $497m, up 40% on the same time last year.
Newscorp trades on 1% forward dividend yield.
Level 29 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
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