Core Viewpoint - The New York Times Company (NYT) is expected to report a 6.9% increase in first-quarter 2025 revenues, driven by subscription growth and advertising trends [1][2]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for first-quarter revenues is $635.1 million, reflecting a 6.9% rise from the previous year [1]. - The consensus estimate for earnings per share (EPS) is 35 cents, indicating a 12.9% increase year-over-year [2]. Subscription Growth - NYT's focus on subscription growth and digital innovation has been crucial, with total subscription revenues projected to increase by 7-10% year-over-year [4]. - The consensus estimate for subscription revenues is $466.6 million, suggesting an 8.8% growth, while digital-only subscription revenues are expected to reach $338.9 million, indicating a 15.7% increase [4]. Subscriber Base Expansion - The digital-only subscriber count is anticipated to reach 11.1 million by the end of Q1 2025, enhancing NYT's market position for advertisers [5]. Digital Advertising Trends - NYT is reducing reliance on traditional advertising, with digital advertising revenues expected to grow by 9.1%, estimated at $68.8 million [6]. Challenges Faced - Print subscription revenues are projected to decline by 6.2% to $127.6 million, and print advertising revenues are expected to fall by 13.4% to $35.2 million [7]. - Increased spending on product development and marketing may impact margins, with adjusted operating costs expected to rise by 5-6% [7]. Earnings Prediction Model - The Zacks model does not predict an earnings beat for NYT, as it holds a Zacks Rank 3 and an Earnings ESP of 0.00% [8].