Post-earnings recap
Reported
Thu, May 3, 2018
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
100%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
The New York Times Co reported an EPS of $0.17, which was below expectations, resulting in no movement in stock price. Despite missing EPS, management emphasized their focus on digital growth, which may appeal to investors looking for long-term potential. The lack of guidance leaves some uncertainty about future performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.17 | N/A | -6.15% |
Management expressed a commitment to enhancing digital offerings and maintaining high journalistic standards. They acknowledged the challenges ahead but remained focused on long-term growth.
We are focused on growing our digital subscriptions.
Our commitment to quality journalism remains strong.