Here's Why Nobody Cares About Time Warner’s Earnings [The Motley Fool]
TIME WARNER INC (TWX)
Last time warner inc earnings: 4/26 08:00 am
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ir.timewarner.com
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Source: The Motley Fool
It's all about the merger. Time Warner Inc. ( NYSE:TWX ) ended 2017 with a bang. On the back of strong subscriber growth from its premium HBO property, the television and film giant beat expectations by posting fourth-quarter revenue of $8.61 billion versus estimates of $8.42 billion . The company soundly beat the consensus adjusted EPS estimate, too, reporting $2.66, 85% higher than the $1.44 analysts expected. Time Warner also gave positive guidance for 2018, expecting adjusted operating income growth to be in the high single digits this year. Naturally, you'd expect shares to rally in response to Time Warner's blowout quarter. And you'd be mostly wrong: Shares increased less than 2% on the day of the announcement. Here's why nobody cares about Time Warner's great quarter. Image source: Time Warner Inc. Widespread growth for Time Warner Time Warner's success was widespread in the fourth quarter. The company's ad-supported Turner division -- which inclu
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