earnings
confidence high
sentiment positive
materiality 0.85
NYT reports Q4 EPS $0.41; completes Athletic acquisition; sets 15M subscriber target for 2027
NEW YORK TIMES CO
2021-FY EPS reported
$1.31
revenue$2,074,877,000
- Q4 diluted EPS from continuing ops $0.41 vs $0.06 YoY; adjusted EPS $0.43 vs $0.40.
- Added 375,000 net new digital subscriptions in Q4 (171,000 from News); surpassed 10M total subscriptions.
- Full-year 2021 revenue reached $2B for first time since 2012; operating profit $94.1M vs $80.5M.
- Completed acquisition of The Athletic; sets new target of at least 15M subscribers by year-end 2027.
- Board declared dividend increase and authorized new share repurchase program.