UPDATE: Time Warner (TWX) Tops Q3 EPS by 16c; FY15 Outlook Reaffirmed
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Average basic common shares outstanding: 776.2M
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Time Warner (NYSE: TWX) reported Q3 EPS of $1.25, $0.16 better than the analyst estimate of $1.09. The company had revenue of $6.6 billion, with estimates at $6.5 billion.
TWX reaffirmed its 2015 full-year business outlook. The Company continues to expect its 2015 full-year Adjusted Diluted Income per Common Share from Continuing Operations (“Adjusted EPS”) to be in the range of $4.60 to $4.70.
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 (TWX) click here.
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