The New York Times Earnings Preview: Get Ahead of the Analysts

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The New York Times (NYSE:NYT) will report earnings before markets open on Thursday, April 25th. The New York Times Company, a diversified media company, conducts operations in newspapers, magazines, television and radio stations, and electronic information and publishing. The Company’s publications include “The New York Times,” “The Boston Globe,” and the “International Herald Tribune.”. New York Times also holds interests in a newsprint mill and a paper mill.

Here is your Cheat Sheet to The New York Times Earnings:

Earnings Expectations: Analysts expect earnings of $0.05 per share on revenues of $470.32 million. Currently, the company’s P/E ratio stands at 10.39.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.13 to a profit $0.12. For the current year, the average estimate is a profit of $0.46, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how The New York Times has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,940 2,440 1,981 1,953 1,990
Diluted EPS ($) -0.40 0.14 0.71 -0.26 0.87

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 488.41 499.38 515.21 449.03 526.46
Diluted EPS ($) 0.39 0.28 -0.60 0.02 1.17

Past Performance:
The New York Times has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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