The New York Times Company Reports 2021 Second-Quarter Results

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Go back to The New York Times Company Reports 2021 Second-Quarter Results

New York Times (NYT) PT Raised to $47 at Guggenheim

August 4, 2021 1:17 PM EDT

Guggenheim analyst Curry Baker raised the price target on New York Times (NYSE: NYT) to $47.00 (from $46.00) while maintaining a Neutral rating following results.

The analyst commented, "The New York Times reported 2Q revenue of $498mm (vs. our $488mm) and adj. EBITDA of $92.9mm... More

The New York Times Co. (NYT) Tops Q2 EPS by 9c

August 4, 2021 7:05 AM EDT

The New York Times Co. (NYSE: NYT) reported Q2 EPS of $0.36, $0.09 better than the analyst estimate of $0.27. Revenue for the quarter came in at $498.5 million versus the consensus estimate of $487.68 million.


Outlook:

Total subscription revenues in the third quarter of 2021 are expected to increase... More