New York Times Hit By Weak Ad Sales

NEW YORK (TheStreet) -- New York Times saw earnings fall 26.2% during the fourth quarter on weaker ad sales. For the quarter ended Dec. 31, 2010, the publisher earned $67.1 million, or 44 cents a share, down from earnings of $90.9 million, or 61 cents a share, in the same period a year earlier. Earnings from continuing operations were 46 cents a share, well ahead of analysts' estimates of 34 cents a share. ... Click to view a price quote on NYT. Click to research the Media industry.

Topics:  york thestreet     new york times   dec   earnings   nyt   media   click   weak   ad sales   share   cents   quarter   million   

 

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