1. Analysts predict this will be the last good quarter of the year because of the higher newsprint costs and because of fears the economy is going into a tailspin. 2. Analysts expect the company to report higher third-quarter earnings this month, aided by declining newsprint costs. 3. And newspapers are sometimes trimming features while raising prices to make up for higher newsprint costs. 4. Advertising revenue is growing at a strong rate, and its newsprint costs are less than expected, boosting profits. 5. But it said newsprint costs in the fourth quarter were higher than they were a year earlier, depressing results. 6. But one nationwide problem that is cooling newspaper stocks is the sharp increase in newsprint costs. 7. Despite higher newsprint costs and circulation declines at its large newspapers, The New York Times Co. reported third-quarter profits Wednesday that exceeded analyst expectations. 8. Executives at the Houston Post say a recent surge in newsprint costs were the last straw for that newspaper. 9. For newspapers, strong advertising revenue and lower newsprint costs will boost earnings. 10. Gannett said last month it expects slower growth this year because of higher newsprint costs and lower advertising. |
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