Earnings Preview: Time Warner

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Earnings Preview: Time Warner

Published on Tuesday, 03 August 2010 11:09 Written by Danny Miller

twx New York, August 3rd (TradersHuddle.com) - Shares of Time Warner Inc. (NYSE:TWX) are trading lower by -0.86% ahead of its quarterly earnings release. Time Warner, the owner of CNN and Fortune Magazine is expected to release its quarterly results on August 4^th.

Wall Street Analysts consensus calls for a profit of $0.45 a share on $6.2 billion revenue.

Time Warner estimates have a range of $0.08 a share. The high estimate calls for profit of $0.5 a share and the low estimate is calling for a profit of $0.42 a share, a year ago for the quarter the company reported $0.35 a share.

Time Warner Inc. (NYSE:TWX) is a media and entertainment company. The Company's businesses include Internet services (AOL), cable, filmed entertainment, cable television networks, and publishing.

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