New York Times Q4 adjusted EPS beats estimates as subscribers increase

The New York Times

04/02/2026 12:10

Overview

Media company's Q4 revenue beat analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company added 450,000 net digital-only subscribers in Q4

Outlook

Company did not provide specific guidance for 2026

Result Drivers

DIGITAL SUBSCRIPTIONS - Growth in digital subscribers and ARPU drove a 13.9% increase in digital subscription revenues

DIGITAL ADVERTISING - Digital advertising revenues rose 24.9% due to strong marketer demand and new advertising supply

OPERATING COSTS - Operating costs increased 10.5% due to higher journalism, subscriber servicing, and advertising servicing costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$802.3 mln
$791.31 mln (6 Analysts)
Q4 Adjusted EPS
Beat
$0.89
$0.87 (5 Analysts)
Q4 EPS
$0.79
Q4 Adjusted Operating Profit
Beat
$192.30 mln
$178.98 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer publishing peer group is "buy"

Wall Street's median 12-month price target for New York Times Co is $69.00, about 4.4% below its February 3 closing price of $72.21

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 23 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)