The New York Times Co. (NYT) Tops Q4 EPS by 7c

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The New York Times Company Reports 2015 Fourth-Quarter and Full-Year Results

February 4, 2016 8:30 AM EST

NEW YORK--(BUSINESS WIRE)-- The New York Times Company (NYSE: NYT) announced today fourth-quarter 2015 diluted earnings per share from continuing operations of $.31 compared with $.22 in the same period of 2014. Adjusted diluted earnings per share from continuing operations (defined below) were $.37 in the fourth quarter of 2015 compared with $.26 in the fourth quarter of 2014.

Operating profit grew to $87.7 million in the fourth quarter of 2015 compared with $62.4 million in the same period of 2014, driven by broad cost savings. Adjusted operating profit (defined below) was $117.7 million in the fourth quarter of 2015 compared with $103.9 million in the fourth... More