New York Times Co. (NYT) Q2 Earnings and Revenues Beat Estimates

Core Insights - New York Times Co. reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and showing an increase from $0.45 per share a year ago, resulting in an earnings surprise of +16.00% [1] - The company achieved revenues of $685.87 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.52% and up from $625.1 million year-over-year [2] - The stock has added approximately 3% since the beginning of the year, while the S&P 500 has gained 7.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.49 on revenues of $683.08 million, and for the current fiscal year, it is $2.14 on revenues of $2.77 billion [7] - The estimate revisions trend for New York Times was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Publishing - Newspapers industry is currently ranked in the top 7% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]