New York Times Company 2Q Earnings Pregame Scorecard
Last quarter New York Times Company (NYSE:NYT) beat estimates by 6 cents per share and it is up again on Thursday, July 26, 2012.
Analysts currently expect New York Times Company to come in with earnings of 13 cents per share on revenues of $510.9 million. Estimates from analysts range from earnings per share to earnings per share. The average estimate has shown no movement over the last three months.
Company Fundamental Trends
Analysts think investors should stand pat on New York Times Company with six of seven analysts rating it hold. The average analyst rating of the stock has stayed constant from three months prior.
Last Quarter's Results
In the first quarter, profit rose more than sevenfold to $42.1 million (28 cents a share) from $5.4 million (4 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 11.8% to $499.4 million from $566.5 million.
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 13 cents
Revenue Estimate: $510.9 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)