The New York Times Co. (NYT) Reports Q2 EPS of $0.13; Revenues Fall 1.5%

Go back to The New York Times Co. (NYT) Reports Q2 EPS of $0.13; Revenues Fall 1.5%

New York Times (NYT) Conference Call Commentary 'Mixed', FBR Capital Says

August 6, 2015 3:22 PM EDT

FBR Capital analyst William Bird reiterating his Market Perform rating and $13.50 price target on New York Times (NYSE: NYT) following result and "mixed" conference call commentary. The firm views shares as fairly valued.

Bird commented, "Post the earnings call, there is no change to... More

The New York Times Co. (NYT) Reports Q2 EPS of $0.13

August 6, 2015 8:31 AM EDT

The New York Times Co. (NYSE: NYT) reported Q2 EPS of $0.13, versus $0.07 reported last year. Revenue for the quarter came in at $382.9 million, versus $388.7 million reported last year.

Adjusted operating profit (defined below) grew to $64.4 million in the second quarter of 2015 from $55.7... More