The New York Times Company Reports 2022 First-Quarter Results

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Go back to The New York Times Company Reports 2022 First-Quarter Results

New York Times (NYT) PT Lowered to $41 at Guggenheim

May 4, 2022 3:49 PM EDT

Guggenheim analyst Curry Baker lowered the price target on New York Times (NYSE: NYT) to $41.00 (from $44.00) while maintaining a Neutral rating following earnings.

The analyst commented, "The Times delivered strong subscriber net adds in 1Q on the back of a robust news... More

The New York Times Co. (NYT) Tops Q1 EPS by 1c, Revenues Miss

May 4, 2022 7:09 AM EDT

The New York Times Co. (NYSE: NYT) reported Q1 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $537.4 million versus the consensus estimate of $546.01 million.

Subscription revenue from digital-only products increased 26.3 percent, to $226.8 million. Print subscription revenues... More