Time Warner, Inc. (TWX) Tops Q4 EPS by 7c
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Wedbush Upgrades Time Warner (TWX) to Outperform, Sees Low Risk
February 7, 2013 8:11 AM ESTWedbush upgraded Time Warner (NYSE: TWX) from Neutral to Outperform with a price target of $60.00 (from $44.00) on higher margins and lower risk driving valuation on 2014 estimates.
The firm sees particularly low risk in the reward/risk ratio for TWX over the next 12... More
Time Warner (TWX) Tops Q4 Views as HBO Gains Fans
February 6, 2013 8:16 AM ESTTime Warner (NYSE: TWX) is popping higher in early trading Wednesday following strong fourth-quarter results and outlook issued earlier.
Revenue for the media giant fell modestly to $8.16 billion, while net income improved 51 percent to $1.17 billion, or $1.21 per diluted share. Adjusting for certain items, EPS came in at $1.17.
The Street was looking for revs of $8.25 billion and EPS of $1.10.
Filmed Entertainment revs slipped 4 percent to $3.7 billion, mainly due to tough comps from the home release of... More
Time Warner (TWX) Sees FY13 EPS Up Low-Double-Digites Over FY12
February 6, 2013 7:03 AM ESTTime 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... More
