Time Warner Inc. Reports Second-Quarter 2015 Results
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Time Warner (TWX) Hit Session Lows Amid Q2 Call
August 5, 2015 11:14 AM EDTTime Warner (NYSE: TWX) hit session lows during its Q2 conference call. Earlier it reported Q2 results and affirmed FY EPS outlook. On its call, it said HBO will be profitable over time but may be a loss in the short term.... More
Time Warner (TWX) Tops Q2 EPS by 22c
August 5, 2015 7:00 AM EDTTime Warner (NYSE: TWX) reported Q2 EPS of $1.25, $0.22 better than the analyst estimate of $1.03. Revenue for the quarter came in at $7.3 billion versus the consensus estimate of $6.9 billion.
Chairman and Chief Executive Officer Jeff Bewkes said: We had a very strong second quarter, with Revenues up 8% and Adjusted Operating Income growing 15% to a quarterly record of $1.9 billion. Our results were led by Turner and Warner Bros., and were achieved at a time when were investing... More
