Time Warner (TWX) Set to Announce Quarterly Earnings on Wednesday
Time Warner (NYSE:TWX) is set to announce its earnings results on Wednesday, February 5th. Persons interested in registering for the company’s earnings conference call can do so using this link.
Time Warner (NYSE:TWX) last announced its earnings results on Wednesday, November 6th. The company reported $1.01 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.89 by $0.12. The company had revenue of $6.90 billion for the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. On average, analysts expect Time Warner to post $3.75 EPS for the current fiscal year and $4.25 EPS for the next fiscal year.
Time Warner (NYSE:TWX) opened at 61.52 on Tuesday. Time Warner has a one year low of $49.90 and a one year high of $70.77. The stock’s 50-day moving average is $66.33 and its 200-day moving average is $65.25. The company has a market cap of $55.658 billion and a price-to-earnings ratio of 15.31.
Several analysts have recently commented on the stock. Analysts at UBS AG downgraded shares of Time Warner from a “hold” rating to a “sell” rating in a research note to investors on Thursday, January 30th. On the ratings front, analysts at Topeka Capital Markets initiated coverage on shares of Time Warner in a research note to investors on Thursday, January 23rd. They set a “hold” rating on the stock. Finally, analysts at Nomura initiated coverage on shares of Time Warner in a research note to investors on Wednesday, January 15th. They set a “neutral” rating and a $72.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eighteen have issued a buy rating to the company. Time Warner presently has a consensus rating of “Buy” and a consensus target price of $71.83.
Time Warner Inc (NYSE:TWX) is a media and entertainment company.
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