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The New York Times Co., (NYT) announced a profit for fourth quarter that fell from last year.


RTTNews | Feb 4, 2021 07:08AM EST

07:07 Thursday, February 4, 2021 (RTTNews.com) - The New York Times Co., (NYT) announced a profit for fourth quarter that fell from last year.

The company's profit totaled $10.01 million, or $0.06 per share. This compares with $68.21 million, or $0.41 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.2% to $509.36 million from $508.36 million last year.

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

-EPS (Q4): $0.40 vs. $0.43 last year.-Analysts Estimate: $0.35-Revenue (Q4): $509.36 Mln vs. $508.36 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3166897/the-new-york-times-co-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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