Time Warner Earnings Preview: Can This Streak Continue?
Time Warner (NYSE:TWX) will report earnings before markets open on Wednesday, May 1st. Time Warner Inc. is a media and entertainment company. The Company’s businesses include cable television networks that provide programming, feature films, television and home video production and distribution, and magazine publishing.
Here is your Cheat Sheet to Time Warner Earnings:
Earnings Expectations: Analysts expect earnings of $0.74 per share on revenues of $7.12 billion. Currently, the company’s P/E ratio stands at 19.28.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.74 to a profit $0.75. For the current year, the average estimate is a profit of $3.68, which is better than the estimate ninety days ago.
Here’s how Time Warner has been performing on an annual basis:
|Revenue ($) in millions||26,520||25,390||26,890||28,970||28,730|
|Diluted EPS ($)||-11.23||2.07||2.25||2.71||3.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||8,193||6,979||6,744||6,842||8,164|
|Diluted EPS ($)||0.7647||0.59||0.44||0.86||1.208|
Time Warner has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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