05.11.2020 13:24:01

The New York Times Co., Q3 Earnings Climb

(RTTNews) - 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.

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