Investing.com - NewYork Times reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NewYork Times announced earnings per share of $0.26 on revenue of $473.1M. Analysts polled by Investing.com anticipated EPS of $0.1233 on revenue of $461.4M.
NewYork Times shares are down 13.37% from the beginning of the year and are trading at $44.85 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
NewYork Times follows other major Services sector earnings this month
NewYork Times's report follows an earnings beat by Amazon.com on April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Visa A had beat expectations on April 27 with second quarter EPS of $1.38 on revenue of $5.73B, compared to forecast for EPS of $1.27 on revenue of $5.56B.
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