Time Warner Inc. Reports First-Quarter 2017 Results
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Time Warner (TWX) Tops Q1 EPS by 20c
May 3, 2017 7:02 AM EDTTime Warner (NYSE: TWX) reported Q1 EPS of $1.66, $0.20 better than the analyst estimate of $1.46. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.67 billion.
Revenues increased 6% to $7.7 billionOperating Income grew 4% to $2.1 billion and Adjusted Operating Income grew 7% to $2.2 billionHome Box Office posted record quarterly Operating Income and Adjusted Operating IncomeEPS grew 23% to $1.80 and Adjusted EPS grew 11% to $1.66Cash Provided by Operations from Continuing Operations and Free Cash Flow totaled $1.5 billion and $1.4... More