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Summary Box Time Warner 3Q net income falls -

Posted on Saturday, November 6th, 2010 at 11:03 am in Hollister by admin

THE OUTLOOK: Time Warner now expects 2010 adjusted earnings per share to grow in the high 20 percent range. This is up from its earlier outlook of “at least” 20 percent growth.

REVENUE: Revenue was up 2 percent to $6.38 billion. Analysts,wholesale clothing bags cheap website shoping, on average, had expected slightly higher revenue of $6.41 billion, according Thomson Reuters.

EARNINGS: Time Warner Inc. posted a decline in its third-quarter net income Thursday, hurt by a charge related to debt redemptions, but adjusted earnings surpassed Wall Street’s expectations.

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