The New York Times (NYT) Q3 Earnings: What To Expect

Newspaper and digital media company The New York Times (NYSE:NYT) will be reporting results this Wednesday before market hours. Here’s what you need to know.

The New York Times beat analysts’ revenue expectations by 2.3% last quarter, reporting revenues of $685.9 million, up 9.7% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ adjusted operating income estimates and an impressive beat of analysts’ EBITDA estimates. It reported 11.88 million subscribers, up 9.6% year on year.

Is The New York Times a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting The New York Times’s revenue to grow 8.2% year on year to $692.6 million, improving from the 7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.53 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. The New York Times has missed Wall Street’s revenue estimates three times over the last two years.

Looking at The New York Times’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. fuboTV’s revenues decreased 2.3% year on year, beating analysts’ expectations by 4.9%, and Nike reported revenues up 1.1%, topping estimates by 6.5%. Nike traded up 6.5% following the results.

Read our full analysis of fuboTV’s results here and Nike’s results here.

Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.4% on average over the last month. The New York Times is up 2.6% during the same time and is heading into earnings with an average analyst price target of $62.25 (compared to the current share price of $57).

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