Time Warner, Inc. (TWX) Tops Q2 EPS by 14c; Reaffirms Outlook

Time Warner, Inc. (NYSE: TWX) reported Q2 EPS of $0.98, $0.14 better than the analyst estimate of $0.84. Revenue for the quarter came in at $6.8 billion versus the consensus estimate of $6.87 billion.

The company reaffirmed its 2014 full-year business outlook. The Company continues to expect its 2014 full-year percentage growth rate in Adjusted Diluted Income per Common Share from Continuing Operations (“Adjusted EPS”) to be in the low teens off a 2013 Adjusted EPS base of $3.511.

The outlook above does not include the impact of any future merger or unplanned restructuring and severance charges, the impact from future sales and acquisitions of operating assets or the impact of taxes on the above items that may occur from time to time due to management decisions and changing business circumstances. The Company is currently unable to forecast precisely the timing and/or magnitude of any such events and resulting impacts.

For earnings history and earnings-related data on Time Warner, Inc. (TWX) click here.

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