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The New York Times Co., (NYT) announced a profit for its third quarter that climbed from the same period last year.


RTTNews | Nov 5, 2020 07:24AM EST

07:24 Thursday, November 5, 2020 (RTTNews.com) - The New York Times Co., (NYT) announced a profit for its third quarter that climbed from the same period last year.

The company's bottom line totaled $33.58 million, or $0.20 per share. This compares with $16.43 million, or $0.10 per share, in last year's third quarter.

Analysts had expected the company to earn $0.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.4% to $426.89 million from $428.50 million last year.

The New York Times Co., earnings at a glance:

-Earnings (Q3): $33.58 Mln. vs. $16.43 Mln. last year.-EPS (Q3): $0.20 vs. $0.10 last year.-Analysts Estimate: $0.11-Revenue (Q3): $426.89 Mln vs. $428.50 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3143323/the-new-york-times-co-q3-earnings-climb.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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