New York Times (NYSE: NYT ) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict New York Times's revenues will shrink -5.8% and EPS will wane -50.0%.
The average estimate for revenue is $470.3 million. On the bottom line, the average EPS estimate is $0.04.
Last quarter, New York Times recorded revenue of $575.8 million. GAAP reported sales were 5.2% higher than the prior-year quarter's $547.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.32. GAAP EPS of $1.14 for Q4 were 192% higher than the prior-year quarter's $0.39 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 61.1%, 110 basis points worse than the prior-year quarter. Operating margin was 17.9%, 190 basis points worse than the prior-year quarter. Net margin was 30.7%, much better than the prior-year quarter.
The full year's average estimate for revenue is $1.97 billion. The average EPS estimate is $0.48.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 172 members out of 438 rating the stock outperform, and 266 members rating it underperform. Among 140 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give New York Times a green thumbs-up, and 88 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 $9.01.
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