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The New York Times Co. (NYT) Tops Q4 EPS by 10c, Offers Outlook

February 8, 2018 8:35 AM EST

The New York Times Co. (NYSE: NYT) reported Q4 EPS of $0.39, $0.10 better than the analyst estimate of $0.29. Revenue for the quarter came in at $484.1 million versus the consensus estimate of $467.3 million.

Outlook

Total subscription revenues in the first quarter of 2018 are expected to increase in the mid to high-single digits compared to the first quarter of 2017.

Total advertising revenues in the first quarter of 2018 are expected to decrease in the mid to high-single digits compared with the first quarter of 2017.

Operating costs and adjusted operating costs are expected to increase in the low-single digits in the first quarter of 2018 compared with the first quarter of 2017.

The Company expects the following on a pre-tax basis in 2018:

  • Depreciation and amortization: $60 million to $65 million,
  • Interest expense, net: $18 million to $21 million, and
  • Capital expenditures: $60 million to $70 million.

For earnings history and earnings-related data on The New York Times Co. (NYT) click here.



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