For the quarter ended June 2024, New York Times Co. (NYT) reported revenue of $625.1 million, up 5.8% over the same period last year. EPS came in at $0.45, compared to $0.38 in the year-ago quarter.The reported revenue represents a surprise of +0.35% over the Zacks Consensus Estimate of $622.92 million. With the consensus EPS estimate being $0.40, the EPS surprise was +12.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Second Quarter 2024 Earnings Presentation August 7, 2024 Times Forward-Looking Statements Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Terms such as "aim," "anticipate," "believe," "confidence," "contemplate," "continue," "conviction," "could," "drive," "estimate," "expect," "fore ...

New York Times Co. (NYT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this newspaper publisher would post earnings of $0.18 per share when it actually produced earnings of $0.31, delivering a surprise of 72.22%.Over the last four quarters ...

Meredith Kopit Levien, president and chief executive officer, The New York Times Company, said, "It was a strong second quarter for The Times – one in which we made further progress on the path to grow our subscriber base and become the essential subscription for every curious person seeking to understand and engage with the world. The combination of our world-class news destination plus market-leading lifestyle products means we have complementary offerings in big spaces, each with multiple growth levers f ...

The New York Times logo is seen on the building in New York City, United States on October 27, 2022. ... [+] (Photo by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesNew York Times’ stock (NYSE: NYT), a diversified media company that includes newspapers, internet businesses, television, and radio stations, is scheduled to report its Q2 2024 results on Wednesday, August 7. We expect NYT stock to likely trade lower with revenues and earnings missing consensus expectations marginally for its ...

mbbirdy/iStock Unreleased via Getty Images Dating back to 1851, The New York Times Company (NYSE:NYT) is one of the oldest and most iconic companies in the world. Over its life, it has become a major news organization worth billions of dollars. Many years ago, there were concerns about its ability to remain competitive as more news shifted from the traditional newspaper format to online, and as we saw a proliferation of free news content. But management has done a fantastic job of adapting, turning the p ...

The New York Times Company (NYT) shares ended the last trading session 5.2% higher at $55.09. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.9% gain over the past four weeks.The New York Times Company is likely to benefit from growth in its subscriber base and an increase in digital advertising revenues, which are undeniably pivotal. As the company continues to attract and retain digital subscribers and advertis ...

Vista, CA , July 22, 2024 (GLOBE NEWSWIRE) -- Renowned naturopathic doctor Dr. Heather Sandison celebrates the success of her latest book, “Reversing Alzheimer's: The New Toolkit to Improve Cognition and Protect Brain Health." Released on June 11, 2024, the book has already earned a place on the prestigious New York Times Bestseller list. In her groundbreaking book, Dr. Sandison, who specializes in neurocognitive medicine, shares her extensive expertise in combating cognitive decline through a holistic app ...

New York, New York, July 16, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”), a leading global credit-focused alternative asset manager, and One Investment Management (“OneIM”), a global alternative investment manager, today announce the formation of a partnership to invest in European private credit. The new venture has initially up to $5 billion of investable capital which will help address the needs of European borrowers. Both firms will benefit from the partnership’s size and scale, as well as the te ...

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