New York Times Q3 Adj. EPS $0.37 Beats $0.29 Estimate, Sales $598.35M Beat $589.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
New York Times (NYSE:NYT) reported Q3 earnings of $0.37 per share, beating the analyst consensus estimate of $0.29 by 27.59%. This is a 76.19% increase from the same period last year. The company also reported quarterly sales of $598.35 million, beating the analyst consensus estimate of $589.40 million by 1.52%. This is a 9.25% increase from the same period last year.
November 08, 2023 | 12:04 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
New York Times reported strong Q3 earnings and sales, both beating analyst estimates. This positive financial performance could potentially boost the company's stock price in the short term.
New York Times reported a significant increase in both earnings and sales compared to the same period last year, and also beat analyst estimates. This strong financial performance indicates a healthy financial state of the company, which is likely to be positively received by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100