New York Times Co. (NYT) - Get Report is expected to report adjusted net income of $14.4 million, or 9 cents a share, on sales of $428.6 million before the market opens on Wednesday, based on a FactSet survey of five analysts.
In the same period a year ago, the company posted earnings of 15 cents a share on sales of $417.3 million. It reported net income of $23.6 million.
The stock has risen 1.9% since the company last reported earnings on Aug. 7.
In the upcoming quarter analysts are forecasting adjusted net income of $55 million, or 27 cents a share, on sales of $507.7 million.
New York Times is currently trading at a price-to-forward-earnings ratio of 39.7 based on the 12-month estimates of 6 analysts surveyed by FactSet.
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