NYT Earnings Prediction
The chart below shows how NYT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NYT sees a -1.58% change in stock price 10 days leading up to the earnings, and a +1.02% change 10 days following the report. On the earnings day itself, the stock moves by +0.59%. This data can give you a slight idea of what to expect for the next quarter's release.
NYT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
640.18M
6.99%
2.41%
Gross Margin
44.94%
1.19%
-0.31%
Operating Margin
13.05%
14.37%
-3.33%
Net Margin
10.02%
11.83%
-4.39%
EPS
0.39
21.88%
-2.50%
No Data Available
NYT Earnings Analysis
New York Times Co. Corporation (NYT.N) Earnings Conference Call
Positive
Subscriber Milestone Achieved: The company surpassed 11 million total subscribers in the quarter, with more than 5 million now subscribing to the bundle or multiple products.
Digital Subscription Revenue Surge: Digital subscription revenue growth accelerated to more than 14% year-on-year, contributing to healthy growth in total revenue.
Audience Engagement Growth: The multi-product portfolio continued to attract tens of millions of people each week to read, listen, watch, learn, and play.
Digital Subscriber Growth: We added 260,000 net new digital subscribers in the quarter, putting us further along the path to our next milestone of 15 million total subscribers.
AOP Growth and Margin Expansion: AOP grew by approximately 16% year-over-year, and AOP margin expanded by approximately 130 basis points to 16.3%.
Negative
Digital Advertising Revenue Growth: Digital advertising revenue was up nearly 9% in the quarter, indicating a slowdown in growth compared to previous quarters.
Advertising Revenue Performance: Total advertising revenues for the quarter were $118 million, reflecting only a 1% increase, which is lower than expected.
Rising Operating Costs: Adjusted operating costs increased by approximately 5.4%, indicating rising expenses that could impact profitability.
Rising Cost of Revenue: Cost of revenue increased approximately 7%, which could pressure margins moving forward.
Increased Marketing Expenses: Sales and marketing costs increased approximately 10%, suggesting higher spending without a proportional increase in revenue.
NYT FAQs
How does NYT typically perform around its earnings report dates?
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NYT Earning Call Sentiment
The New York Times Company (NYT) Q3 2024 Earnings Call Transcript
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NYT.N
-1.5%Positive
The earnings call highlights strong financial performance, with revenue and digital subscription growth. Despite risks like union work stoppages and competitive pressures, management's focus on strategic investments and resilience building is evident. The Q&A section shows confidence in long-term growth. Positive shareholder returns through dividends and share repurchases add to the sentiment. While some risks exist, the overall outlook is positive, supported by optimistic guidance and strong financial metrics.
