Post-earnings recap
Reported
Wed, Nov 1, 2017
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
100%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
The New York Times Co reported better-than-expected earnings per share, which indicates some operational strength. However, the stock fell by 5.76% following the report, likely due to the lack of revenue data and guidance, leaving investors uncertain about future performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.13 | N/A | +14.07% |
| Revenue | N/A | N/A | N/A |
Management expressed satisfaction with the EPS results, highlighting their commitment to digital growth. However, they did not provide specific guidance for future quarters.
We are pleased with our EPS performance this quarter.
Our focus remains on growing our digital subscriber base.