The warnings come as the industry was already facing a steep downturn in advertising. The Times also reported Tuesday that newspaper advertising revenues tumbled 17.8 percent in August compared with the same month a year ago, when revenues rose 7.8 percent.
The company said in a statement that its results for both September and the third quarter would be "adversely affected by the tragic events of last week." The company did not provide more detailed guidance.
"Right now it's very difficult to assess in the short term the impact on the advertising environment," spokeswoman Catherine Mathis said.
Other major newspaper publishers have also warned that the attacks could further erode earnings. Dow Jones & Co., publisher of The Wall Street Journal, issued such a warning Monday, Gannett Co. last week, and E.W. Scripps Co. also warned on Tuesday.
© Copyright 2001 The Associated Press
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