Time Warner (TWX) Sees FY13 EPS Up Low-Double-Digites Over FY12
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Price: $60.71 -0.02%
Revenue Growth %: +2.4%
Financial Fact:
Selling, general and administrative: -1.62B
Today's EPS Names:
LBIX, ESEA, ISS, More
Revenue Growth %: +2.4%
Financial Fact:
Selling, general and administrative: -1.62B
Today's EPS Names:
LBIX, ESEA, ISS, More
Trade TWX Now!
Time Warner Inc. (NYSE: TWX) provided its 2013 full-year business outlook. The Company expects its 2013 full-year percentage growth rate in Adjusted Diluted Net Income per Common Share (“Adjusted EPS”) to be in the low double digits off a 2012 Adjusted EPS base of $3.28. This outlook reflects the impact of approximately $60 million in restructuring charges that the Company anticipates incurring in 2013 at Time Inc.
*** The Street currently sees FY13 EPS of $3.65.
The outlook above does not include the impact of any future merger or unplanned restructuring and severance charges, the impact from 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 amounts or events.
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*** The Street currently sees FY13 EPS of $3.65.
The outlook above does not include the impact of any future merger or unplanned restructuring and severance charges, the impact from 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 amounts or events.
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