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


RTTNews | Nov 3, 2021 07:23AM EDT

07:23 Wednesday, November 3, 2021 (RTTNews.com) - The New York Times Co., (NYT) announced earnings for its third quarter that increased from the same period last year.

The company's bottom line totaled $54.66 million, or $0.32 per share. This compares with $33.58 million, or $0.20 per share, in last year's third quarter.

Analysts had expected the company to earn $0.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.3% to $509.10 million from $426.90 million last year.

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

-EPS (Q3): $0.23 vs. $0.22 last year.-Analysts Estimate: $0.20-Revenue (Q3): $509.10 Mln vs. $426.90 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3238846/the-new-york-times-co-q3-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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