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Shares of The New York Times Rank the Lowest in Terms of Projected Earnings Growth in the Publishing Industry (NYT, GCI, TRI, MORN, VCI)Nov 16, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Publishing industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.The New York Times ranks lowest with a projected earnings growth of 1.0%. Gannett is next with a projected earnings growth of 1.8%. Thomson Reuters ranks third lowest with a projected earnings growth of 2.4%. Morningstar follows with a projected earnings growth of 3.1%, and Valassis Communications rounds out the bottom five with a projected earnings growth of 9.8%. SmarTrend recommended that its subscribers protect gains by selling shares of The New York Times on October 25th, 2012 by issuing a Downtrend alert when the shares were trading at $9.10. Since that call, shares of The New York Times have fallen 12.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |