The New York Times beat Wall Street expectations for second-quarter subscription revenue on Wednesday, helped by robust demand for its bundled content offerings.
New York Times' stock (NYSE: NYT), a diversified media company that includes newspapers, internet businesses, television, and radio stations, is scheduled to report its Q2 2024 results on Wednesday, August 7. We expect NYT stock to likely trade lower with revenues and earnings missing consensus expectations marginally for its second-quarter results.
The New York Times Company's (NYT) second-quarter 2024 results are likely to reflect the company's greater emphasis on subscription revenues.
Get a deeper insight into the potential performance of New York Times (NYT) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
The New York Times Company has successfully adapted to the shift to online news, primarily through subscription-based services like The Athletic. Financial performance has been strong, with revenue, subscribers, and profitability all increasing year over year. Analysts expect continued growth for the company's second quarter of 2024, but shares are considered pricey compared to similar firms.
New York Times (NYT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Famed news publisher The New York Times Company (NYT) continues to add subscribers and generate profits.
The New York Times Company's (NYT) success story is rooted in its commitment to diversifying revenue sources, optimizing expenses and streamlining operations.
Joe Biden has told an ally he is weighing up whether to run against Donald Trump in November's US election, the New York Times is reporting.
The New York Times editorial board urged President Joe Biden to exit the 2024 presidential race. The newspaper cited Biden's poor performance against Republican former President Donald Trump in their first debate on Thursday.
The New York Times plans to put its top podcasts behind a paywall. The company is considering giving only subscribers access to new episodes of “Serial,” and allowing nonsubscribers to access only the three most recent episodes of “The Daily,” The Wall Street Journal (WSJ) reported Tuesday (June 25), citing unnamed sources.
The New York Times Company's (NYT) success story is rooted in its commitment to diversifying revenue sources, optimizing expenses and streamlining operations.