Benzinga | Aug 5, 2020 07:04AM EDT

New York Times Q2 Adj. EPS $0.18 May Not Compare To $0.01 Estimate, Sales $403.80M Beat $386.92M Estimate

New York Times (NYSE:NYT) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.01 by 1700 percent. This is a 5.88 percent increase over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $403.80 million which beat the analyst consensus estimate of $386.92 million by 4.36 percent. This is a 7.44 percent decrease over sales of $436.26 million the same period last year.