New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2013
13:37 EDTTWXEarnings Preview: Time Warner makes organizational changes ahead of Q4 report
Time Warner (TWX) is set to report Q4 earnings before the market opens on Wednesday, February 6, with a conference call scheduled for 10:30 am ET. Time Warner is a media and entertainment company that which owns HBO, CNN, Warner Bros., and Time Inc. among other media properties... EXPECTATIONS: Analysts are looking for EPS of $1.10 on revenue of $8.25B, according to First Call. The consensus range for EPS is $1.08-$1.12 on revenue of $7.94B-$8.89B... LAST QUARTER: Time Warner reported Q3 adjusted EPS of 86c against estimates for 82c on revenue of $6.8B on estimates for $6.9B. In its Q3 earnings release, Time Warner reaffirmed its FY12 business outlook, saying it expects full-year low double-digit EPS percentage growth off an FY11 adjusted EPS base of $2.89, with current consensus estimates for FY12 EPS at $3.21. In November, Time Warner named former NBC (CMCSA) Universal CEO Jeff Zucker president of CNN. In January, the Warner Bros. Television Group signed a licensing agreement with Netflix (NFLX) giving Netflix the rights to eight Time Warner shows. Late last month, Kevin Tsujihara was named CEO of Warner Bros., and Time Inc., which publishes Time magazine, laid off about 500 employees, or 6% of its staff... STREET RESEARCH: Street research has been muted on Time Warner this quarter, with Goldman upgrading its U.S. Media sector to Attractive from Neutral on January 22. A number of firms also upgraded their price targets on Time Warner, including Stifel Nicolaus to $56 from $51, and Lazard to $56 from $54, respectfully. Both firms kept Buy ratings on the company... PRICE ACTION: Shares of Time Warner have gained more than 16% since its Q3 earnings report. In afternoon trading ahead of tomorrow's Q4 earnings report, shares of Time Warner are trading down almost 0.5%.
News For TWX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 29, 2015
11:12 EDTTWXTime Warner says HBO Now 'quite extraordinary'
11:07 EDTTWXTime Warner sees deals with distributors for HBO Now by year end
Subscribe for More Information
11:05 EDTTWXTime Warner says Apple 'very forward thinking' on television
Says sees deals with traditional distributors for HBO Now.
11:03 EDTTWXTime Warner sees 40c drag on adjusted EPS from FX headwinds in 2015
Time Warner (TWX) says Turner had highest operating profit in its history in Q1. Says to have eight new series later this year. Says original programming helping to boost CNN ratings. Says HBO has seen "positive response" in usage, subscribers. CEO Jeff Bewkes says there will be more ways to get HBO "soon." For 2015, sees mid-teens growth in adjusted EPS. Says "feels really good" about underlying trends in company's business. Sees drag in Q2 of about 300bps from increasing FX headwinds, absence of NASCAR programming. Sees Q2 total advertising revenue flat to up low single digits. Expects total subscription revenue to reaccelrate well into double digits in 2016, 2017. Sees "very strong growth" in adjusted operating income in 2015. Sees another year of growth at HBO's international networks. Sees Q2 domestic subscription revenue growth at Turner in the Q1 range. Sees subscriber growth, revenue benefiting modestly from HBO Now. Sees 2015 as another year of healthy cash generation. Says committed to capital allocation plans. Says FX headwinds "even more significant" than previously communicated. Sees 40c drag on adjusted EPS from FX headwinds in 2015. Sees Warner's adjusted op income down in Q2. Says in discussions with Amazon (AMZN) on size, scope of relationship, could have impact on Q2. Comments made on the Q1 earnings conference call. Time Warner is up 0.33% to $85.26 in late-morning trading.
09:40 EDTTWXActive equity options trading on open
Subscribe for More Information
07:14 EDTTWXTime Warner reports Q1 Warner Bros. revenue $3.2B
Warner Bros. revenues increased 4% to $3.2B, reflecting higher television licensing revenues primarily due to the subscription video-on-demand sale of Friends and higher revenues from videogames. Turner revenues rose 5% to $2.7B, benefiting from growth of 4% in Advertising revenues, 3% in Subscription revenues and 25% in Content and other revenues. Home Box Office revenues grew 4% to $1.4B, reflecting increases of 4% in Subscription revenues and 5% in Content and other revenues.
07:03 EDTTWXTime Warner backs FY15 adjusted EPS view $4.60-$4.70, consensus $4.65
The company continues to expect its FY15 adjusted EPS to be in the range of $4.60-$4.70
07:02 EDTTWXTime Warner reports Q1 adjusted EPS $1.19, consensus $1.09
Subscribe for More Information
April 28, 2015
15:07 EDTTWXNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include MasterCard (MA), consensus 80c... Time Warner (TWX), consensus $1.09... Mondelez (MDLZ), consensus 38c... NextEra Energy (NEE), consensus $1.27... General Dynamics (GD), consensus $1.95... Lumber Liquidators (LL), consensus 16c... Southern Co (SO), consensus 58c... Anthem (ANTM), consensus $2.66... Praxair (PX), consensus $1.44... Norfolk Southern (NSC), consensus $1.00... Eaton (ETN), consensus 98c... Thomson Reuters (TRI), consensus 45c... Franklin Resources (BEN), consensus 86c... Northrop Grumman (NOC), consensus $2.27... Hilton Worldwide (HLT), consensus 12c... Exelon (EXC), consensus 69c... Humana (HUM), consensus $2.56... International Paper (IP), consensus 80c... Hess (HES), consensus ($1.05)... Level 3 Communications (LVLT), consensus 33c... Starwood Hotels & Resorts (HOT), consensus 57c... Ametek (AME), consensus 63c... Garmin (GRMN), consensus 57c... Quintiles Transnational (Q), consensus 71c... New York Community Bancorp (NYCB), consensus 26c... Spirit Aerosystems (SPR), consensus 92c... Spirit Airlines (SAVE), consensus 96c... Brunswick (BC), consensus 61c... KBR (KBR), consensus 17c... Linn Energy (LINE), consensus (20c)... Cullen/Frost Bankers (CFR), consensus $1.09... WEX (WEX), consensus 99c... RPC (RES), consensus 11c... Hercules Offshore (HERO), consensus (38c).
14:09 EDTTWXEarnings Watch: TV network owners to report amid takeover rumors
Subscribe for More Information
10:05 EDTTWXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:10 EDTTWX, TWXTime Warner initiated with a Buy at CLSA
Subscribe for More Information
April 27, 2015
09:09 EDTTWXTime Warner price target raised to $97 from $89 at Citigroup
Subscribe for More Information
April 23, 2015
19:41 EDTTWXCablevision announces 'cord cutter package,' includes option for HBO Now
Subscribe for More Information
April 22, 2015
16:27 EDTTWXMattel, Warner Bros. & DC Entertainment announce partnership
Subscribe for More Information
April 20, 2015
08:15 EDTTWXIMAX and Warner Bros. announce multi-picture agreement
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use