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Time Warner (TWX) Tops Q3 EPS by 8c; Ups Guidance

November 4, 2009 6:38 AM EST
TWX Hot Sheet
Revenue Growth %: +5.0%

Financial Fact:
Basic net income per common share: 0.6

Today's EPS Names:
IXYS, TARO, PAY, More
Time Warner (NYSE: TWX) reports Q3 earnings of $0.61 per share, 8 cents better than the consensus of $0.53. Revenues fell 6% to $7.13 billion, versus the consensus of $7.08 billion.

Time Warner sees FY09 EPS of $2.05 versus prior guidance of $1.98 and the consensus of $2.03. The Company expects 2009 full-year Content Group Adjusted EPS to be at least $1.75, compared to Content Group Adjusted EPS of $1.42 in 2008.

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