The New York Times Company (NYT) is scheduled to report 1st quarter earnings on 05/10/2023, before the market opens.
Regarding Q1 estimates, Wall Street analysts expect The New York Times Company to post earnings of $0.17 per share. Revenue expectations are pegged at $568.32 million. Last quarter, The New York Times Company beat earnings estimates, reporting EPS of $0.59 on estimates of $0.43. The stock rose by 12.04% the day after the last earnings release.
Year-to-date, NYT stock has risen by 23.80%.
Is The New York Times Company Stock a Buy?
Wall Street’s consensus rating for NYT stock is a Moderate Buy, with an average analyst price target of $41.00, implying upside potential of 2.60% from current levels.
NYT shares have gained about 16.21% in the past six months.
About The New York Times Company
The New York Times Co. is a media organization, which engages in creating, collecting, and distributing news and information. It includes newspapers, print, and digital products and investments and operates through The New York Times, NYTimes.com, and mobile applications. The company was founded by Henry Jarvis Raymond and George Jones on September 18, 1851 and is headquartered in New York, NY.
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