It has been a tough few years for the newspaper industry, but The New York Times Company (NYT) is expected to see earnings growth in 2012. Zacks now ranks the stock a #1 (Strong Buy.)

On April 19, The New York Times reported first quarter results and crushed the estimate by 300%. Earnings per share were 8 cents compared to the 2 cent estimate. That was also much better than the first quarter of 2011 where the company made zero cents.

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