Time Warner, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 87 cents per share, a rise of 29.9% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 16.6% versus last year to $2.81.
Past Earnings Performance: Last quarter, the company beat estimates by 4 cents, coming in at profit of 79 cents a share versus the estimate of net income of 75 cents a share. It marked the fourth straight quarter of beating estimates.
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Wall St. Revenue Expectations: On average, analysts predict $8.1 billion in revenue this quarter, a rise of 3.7% from the year ago quarter. Analysts are forecasting total revenue of $28.86 billion for the year, a rise of 7.3% from last year’s revenue of $26.89 billion.
Analyst Ratings: Analysts are bullish on this stock with 18 analysts rating it as a buy, none rating it as a sell and eight rating it as a hold.
A Look Back: In the third quarter, profit rose 57.5% to $822 million (78 cents a share) from $522 million (46 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 10.8% to $7.07 billion from $6.38 billion.
Revenue has risen the past four quarters. Revenue rose 10.2% in the second quarter from the year earlier, climbed 5.7% in the first quarter from the year-ago quarter and 59.6% in the fourth quarter of the last fiscal year.
The company has seen net income rise in two straight quarters. In the second quarter, profit rose 13.5%.
Stock Price Performance: During November 4, 2011 to February 2, 2012, the stock price had risen $2.99 (8.7%) from $34.19 to $37.18. The stock price saw one of its best stretches over the last year between December 19, 2011 and December 27, 2011 when shares rose for six-straight days, rising 7.3% (+$2.44) over that span. It saw one of its worst periods between July 25, 2011 and August 8, 2011 when shares fell for 11-straight days, falling 18.6% (-$6.71) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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