UPDATE: Time Warner, Inc. (TWX) Tops Q4 EPS by 3c

(Updated - May 2, 2012 7:05 AM EDT)

Time Warner, Inc. (NYSE: TWX) reported Q4 EPS of $0.67, $0.03 better than the analyst estimate of $0.64. Revenue for the quarter came in at $7 billion versus the consensus estimate of $6.8 billion.

Reaffirms Outlook.

In January 2012, the Company's Board of Directors authorized an additional $4.0 billion in stock repurchases.

From January 1, 2012 through April 27, 2012, the Company repurchased approximately 24 million shares of common stock for approximately $889 million.

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

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