Stock Track | New York Times Plummets 7.81% in Pre-Market on Disappointing Subscription Guidance

Stock Track

Feb 05, 2025

The New York Times Company (NYT) saw its shares plummet 7.81% in Wednesday's pre-market trading session, following the release of its fourth-quarter 2024 earnings and guidance for the first quarter of 2025.

In the earnings report, the media giant posted adjusted earnings per share of $0.80 for Q4 2024, surpassing analysts' consensus estimate of $0.74. However, the company's revenue for the quarter came in at $726.6 million, narrowly missing expectations of $726.65 million.

While the fourth-quarter results were mixed, the primary catalyst for the stock's sharp decline appears to be the company's guidance for subscription revenue growth in the first quarter of 2025. The New York Times forecasted subscription revenue growth of 7% to 10%, falling short of Wall Street's average estimate of 9.9% growth.

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The New York Times forecasted subscription revenue growth of 7% to 10%, falling short of Wall Street's average estimate of 9.9% growth.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | New York Times Plummets 7.81% in Pre-Market on Disappointing Subscription Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | New York Times Plummets 7.81% in Pre-Market on Disappointing Subscription Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-05 22:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The New York Times Company (NYT) saw its shares plummet 7.81% in Wednesday's pre-market trading session, following the release of its fourth-quarter 2024 earnings and guidance for the first quarter of 2025.</p>\n\n<p>In the earnings report, the media giant posted adjusted earnings per share of $0.80 for Q4 2024, surpassing analysts' consensus estimate of $0.74. However, the company's revenue for the quarter came in at $726.6 million, narrowly missing expectations of $726.65 million.</p>\n\n<p>While the fourth-quarter results were mixed, the primary catalyst for the stock's sharp decline appears to be the company's guidance for subscription revenue growth in the first quarter of 2025. The New York Times forecasted subscription revenue growth of 7% to 10%, falling short of Wall Street's average estimate of 9.9% growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NYT","symbol_name":"纽约时报","start_time":0,"source_url":"","article_id":"1100182589","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100182589","pubTimestamp":1738766212,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"The New York Times Company  saw its shares plummet 7.81% in Wednesday's pre-market trading session, following the release of its fourth-quarter 2024 earnings and guidance for the first quarter of 2025.In the earnings report, the media giant posted adjusted earnings per share of $0.80 for Q4 2024, surpassing analysts' consensus estimate of $0.74. 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