Time Warner Beats Estimates
Posted on November 02, 2011 at 12:01 PM EDT
Time Warner Inc. (NYSE:TWX), the diversified media conglomerate, recently posted better-than-expected third-quarter 2011 results. The quarterly earnings of 79 cents a share beat the Zacks Consensus Estimate of 75 cents, and surged 27% from 62 cents earned in the prior-year quarter on the heels of the box office success of ‘Harry Potter and the Deathly [...]

Time Warner Inc. (NYSE:TWX), the diversified media conglomerate, recently posted better-than-expected third-quarter 2011 results. The quarterly earnings of 79 cents a share beat the Zacks Consensus Estimate of 75 cents, and surged 27% from 62 cents earned in the prior-year quarter on the heels of the box office success of ‘Harry Potter and the Deathly Hallows: Part 2’ by Warner Brothers, higher television advertising demand and increase in television license fees.
On a reported basis, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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