08.05.2024 13:14:40 - dpa-AFX: The New York Times Co., Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - The New York Times Co., (NYT) released earnings for
its first quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $40.42 million, or $0.24 per share. This
compares with $22.32 million, or $0.13 per share, in last year's first quarter.

Excluding items, The New York Times Co., reported adjusted earnings of $0.31 per
share for the period.

Analysts on average had expected the company to earn $0.20 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 5.9% to $594.02 million from $560.74
million last year.

The New York Times Co., earnings at a glance (GAAP) :

-Earnings (Q1): $40.42 Mln. vs. $22.32 Mln. last year.
-EPS (Q1): $0.24 vs. $0.13 last year.
-Revenue (Q1): $594.02 Mln vs. $560.74 Mln last year.


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
N.Y. TIMES CL.A DL-,10 857534 Frankfurt 45,700 23.05.24 08:08:56 +0,530 +1,17% 0,000 0,000 45,700 45,170

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH