Investing.com - NewYork Times reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NewYork Times announced earnings per share of $0.4 on revenue of $509.4M. Analysts polled by Investing.com anticipated EPS of $0.3437 on revenue of $499.8M.
NewYork Times shares are down 0% from the beginning of the year, still down 12.85% from its 52 week high of $58.67 set on January 27. They are under-performing the S&P 500 which is up 1.97% from the start of the year.
NewYork Times shares gained 0.33% in pre-market trade following the report.
NewYork Times follows other major Services sector earnings this month
NewYork Times's report follows an earnings beat by Amazon.com on Tuesday, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.16 on revenue of $119.68B.
Alibaba ADR had beat expectations on Tuesday with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar