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Time Warner Q1 Earnings

April 30th, 2008 · No Comments

Well  the TWX earnings are out and fell inline with what everyone expected.  On our side (cable) we had some strong numbers and overall the outlook remained intact which is good considering how many others are weakening.

Outlook: Separately the company announced that adjusted op income growth would come in at 7 to 9 percent for the year, and that it would earn $1.07-$1.11 per share. This is pretty much right in line with existing analyst expectations, so at least for now, the company isn’t calling for more overall weakening, which is good.

Now if that stock price would start to head north. 

Earnings: Time Warner Q1 Revs Up 2 Percent; AOL Falls 21 Percent; To Separate Cable Completely | paidContent.org

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