Weekly Recap: First-quarter earnings forecast and Trump lawsuit dismissal

What happened

News Corporation Class B was expected to report first-quarter revenue growth, with analysts forecasting earnings per share of 26 cents, compared with 22 cents a year earlier. Separately, a U.S. judge dismissed President Trump’s $10 billion lawsuit against the Wall Street Journal, citing First Amendment protections.

Confirmed

Global impact / market context

The earnings forecast points to higher expected profit per share, which could shape how investors assess News Corporation’s results when reported. The lawsuit dismissal removes that case from the immediate legal process, but the article gives no estimate of any financial effect on the company.

Analyst inference

The recap presents an analyst forecast, not reported first-quarter results, so actual revenue and earnings could differ. It also reports a court dismissal but gives no details on further legal steps or expected costs, leaving both operating performance and legal outcomes uncertain.

Analyst inference

What to watch

1. Check News Corporation’s eventual first-quarter report for actual revenue growth and earnings per share, then compare the results with analysts’ 26-cent forecast and prior-year 22 cents. Analyst inference
2. Watch for any further court action related to Trump’s dismissed lawsuit; the article reports the dismissal but does not say whether an appeal or other step is planned. Analyst inference
3. Look for company statements explaining whether the case created legal costs or affected operations; the recap supplies no amount or business impact for the lawsuit. Analyst inference

Evidence

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