Investing.com - NewYork Times reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
NewYork Times announced earnings per share of $0.19 on revenue of $537.43. Analysts polled by Investing.com anticipated EPS of $0.1786 on revenue of $546.01M.
NewYork Times shares are down 19.54% from the beginning of the year, still down 30.84% from its 52 week high of $56.19 set on November 2, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
NewYork Times follows other major Communication Services sector earnings this month
NewYork Times's report follows an earnings missed by Alphabet C on April 26, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.59 on revenue of $68.06B.
Alphabet A had missed expectations on April 26 with first quarter EPS of $24.62 on revenue of $68.01B, compared to forecast for EPS of $25.74 on revenue of $68.06B.
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