$1.59 EPS Expected for Time Warner Inc (TWX)

October 13, 2017 - By Adrian Mccoy

 $1.59 EPS Expected for Time Warner Inc (TWX)
Investors sentiment increased to 0.85 in Q2 2017. Its up 0.10, from 0.75 in 2017Q1. It is positive, as 41 investors sold Time Warner Inc shares while 376 reduced holdings. 73 funds opened positions while 283 raised stakes. 600.08 million shares or 1.15% less from 607.09 million shares in 2017Q1 were reported.
Reynders Mcveigh Capital Mgmt Llc invested in 9,823 shares or 0.13% of the stock. Van Strum & Towne stated it has 0.22% of its portfolio in Time Warner Inc (NYSE:TWX). Natixis Asset reported 7,945 shares or 0.07% of all its holdings. Sei Invests invested 0.21% of its portfolio in Time Warner Inc (NYSE:TWX). Ohio-based Bahl & Gaynor Incorporated has invested 0.03% in Time Warner Inc (NYSE:TWX). Westwood Mgmt Corp Il has 0.05% invested in Time Warner Inc (NYSE:TWX) for 3,000 shares. Howard Hughes Medical Institute invested in 12,395 shares or 0.23% of the stock. S&Co reported 0.21% in Time Warner Inc (NYSE:TWX). Envestnet Asset Management, Illinois-based fund reported 112,977 shares. Guardian Life Insurance Of America, a New York-based fund reported 1,754 shares. Credit Agricole S A reported 839,612 shares stake. Altfest L J Co, a New York-based fund reported 9,795 shares. Vigilant Mngmt Lc stated it has 599 shares. Duncker Streett & Company invested in 1,008 shares or 0.03% of the stock. Ngam Advsr Ltd Partnership has invested 0.15% in Time Warner Inc (NYSE:TWX).

Since June 15, 2017, it had 1 insider purchase, and 0 selling transactions for $25,416 activity.

Analysts await Time Warner Inc (NYSE:TWX) to report earnings on November, 1. They expect $1.59 EPS, down 13.11 % or $0.24 from last year’s $1.83 per share. TWX’s profit will be $1.24 billion for 15.87 P/E if the $1.59 EPS becomes a reality. After $1.33 actual EPS reported by Time Warner Inc for the previous quarter, Wall Street now forecasts 19.55 % EPS growth. The stock decreased 0.49% or $0.5 during the last trading session, reaching $100.94. About 6.89M shares traded or 61.36% up from the average. Time Warner Inc (NYSE:TWX) has risen 36.37% since October 14, 2016 and is uptrending. It has outperformed by 19.67% the S&P500.

Time Warner Inc (NYSE:TWX) Ratings Coverage

Among 38 analysts covering Time Warner Inc. (NYSE:TWX), 13 have Buy rating, 0 Sell and 25 Hold. Therefore 34% are positive. Time Warner Inc. had 98 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets downgraded Time Warner Inc (NYSE:TWX) rating on Monday, October 24. RBC Capital Markets has “Sector Perform” rating and $108 target. On Monday, August 7 the stock rating was downgraded by Evercore to “In-Line”. As per Thursday, November 5, the company rating was downgraded by Credit Agricole. As per Wednesday, November 4, the company rating was maintained by Pivotal Research. The rating was maintained by BMO Capital Markets on Monday, September 11 with “Hold”. FBR Capital upgraded Time Warner Inc (NYSE:TWX) on Monday, October 31 to “Outperform” rating. Jefferies maintained Time Warner Inc (NYSE:TWX) rating on Tuesday, May 23. Jefferies has “Buy” rating and $105 target. As per Thursday, November 5, the company rating was downgraded by Bank of America. The firm has “Market Perform” rating given on Monday, August 24 by Cowen & Co. The stock of Time Warner Inc (NYSE:TWX) earned “Buy” rating by CLSA on Thursday, November 5.

Time Warner Inc. is a media and entertainment company. The company has market cap of $78.51 billion. The Firm operates through three divisions: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution. It has a 18.65 P/E ratio. It also holds interests in companies that operate broadcast networks.

More notable recent Time Warner Inc (NYSE:TWX) news were published by: Bizjournals.com which released: “AT&T takes a step toward finalizing acquisition of Time Warner” on September 28, 2017, also Bna.com with their article: “Warren Asks Antitrust Chief to Step Aside on AT&T-Time Warner” published on October 13, 2017, Bloomberg.com published: “Trump’s Top Merger Watchdog Approved” on September 27, 2017. More interesting news about Time Warner Inc (NYSE:TWX) were released by: Wsj.com and their article: “AT&T CEO Pledges to Keep ‘Telephone Company Culture’ Out of Time Warner” published on October 04, 2017 as well as Nasdaq.com‘s news article titled: “Time Warner Inc. (TWX) Ex-Dividend Date Scheduled for October 06, 2017” with publication date: October 05, 2017.

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