New York Times (NYSE: NYT) reported earnings on July 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 24 (Q2), New York Times met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted and GAAP loss per share dropped.

Gross margins dropped, operating margins improved, net margins improved.

Revenue details
New York Times logged revenue of $515.2 million. The five analysts polled by S&P Capital IQ looked for revenue of $510.9 million on the same basis. GAAP reported sales were 11% lower than the prior-year quarter's $576.7 million.

My

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.14. The seven earnings estimates compiled by S&P Capital IQ predicted $0.13 per share. GAAP EPS were -$0.60 for Q2 compared to -$0.81 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 58.7%, 20 basis points worse than the prior-year quarter. Operating margin was 9.9%, 60 basis points better than the prior-year quarter. Net margin was -17.1%, 370 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $479.9 million. On the bottom line, the average EPS estimate is $0.08.

Next year's average estimate for revenue is $2.07 billion. The average EPS estimate is $0.69.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 171 members out of 426 rating the stock outperform, and 255 members rating it underperform. Among 146 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 48 give New York Times a green thumbs-up, and 98 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on New York Times is hold, with an average price target of $7.46.

Over the decades, small-cap stocks, like New York Times have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Get instant access to this free report.