New York Times: Q2 Earnings Insights - New York Times (NYSE:NYT)

New York Times NYT reported its Q2 earnings results on Wednesday, August 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

New York Times beat estimated earnings by 26.32%, reporting an EPS of $0.24 versus an estimate of $0.19.

Revenue was up $57.18 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 9.24% drop in the share price the next day.

Here's a look at New York Times's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.18	0.34	0.20	0.27
EPS Actual	0.19	0.43	0.23	0.36
Revenue Estimate	546.01M	578.93M	499.13M	487.68M
Revenue Actual	537.42M	594.23M	509.10M	498.50M

To track all earnings releases for New York Times visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.