Earnings Preview: New York Times

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Earnings Preview: New York Times

Published on Wednesday, 01 February 2012 11:56 Written by Danny Miller

nyt New York, February 1st (TradersHuddle.com) - Shares of New York Times Company (NYSE:NYT) are trading higher by +1.68% ahead of its quarterly earnings release. New York Times, the newspaper publisher is expected to release its quarterly results on January 2^nd.

Wall Street Analysts consensus calls for a profit of $0.41 a share on $646.39 million revenue.

New York Times estimates have a range of $0.05 a share. The high estimate calls for profit of $0.44 a share and the low estimate is calling for a profit of $0.39 a share, a year ago for the quarter the company reported $0.46 a share.

The New York Times Company (NYSE:NYT) is a diversified media company, conducts operations in newspapers, magazines, television and radio stations, and electronic information and publishing. The Company's publications include The New York Times and The Boston Globe.

Other companies on the watch on this earnings event are Washington Post Company NYSE:WPO and Gannett Co., Inc. NYSE:GCI.

The New York Times Company Sells Its Stake in Fenway Sports Group for $63M - Benzinga
The New York Times Announces Strong Circulation Gains; Weekday Circulation up 73% over March 2011; Sunday up 50% - Benzinga
UPDATE: Citi Lowers The New York Times' PT - Benzinga
The New York Times Company Launches Ricochet, A New Social Media Advertising Program - Benzinga
New York Times Raises Pay Wall - TheStreet.com
NY Times: Online Subscription Numbers Grow In First Year - TheStreet.com
UPDATE: Benchmark Raises PT on The New York Times Company to $8 - Benzinga
Benchmark Raises PT on New York Times Company to $8 - Benzinga
New York Times Highlights Print Media Problems - Benzinga
New York Times CEO Leaves Company at Crossroads - TheStreet.com

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