Analysts forecast that Time Warner Inc. (NYSE:TWX) will report $7.42 billion in sales for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Time Warner’s earnings. The highest sales estimate is $7.58 billion and the lowest is $7.27 billion. Time Warner posted sales of $7.17 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 3.5%. The firm is scheduled to issue its next earnings report on Wednesday, November 1st.

According to Zacks, analysts expect that Time Warner will report full-year sales of $7.42 billion for the current fiscal year, with estimates ranging from $30.69 billion to $31.20 billion. For the next financial year, analysts expect that the company will post sales of $32.49 billion per share, with estimates ranging from $31.29 billion to $33.70 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow Time Warner.

Time Warner (NYSE:TWX) last issued its quarterly earnings results on Wednesday, August 2nd. The media conglomerate reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.14. The business had revenue of $7.33 billion during the quarter, compared to analysts’ expectations of $7.29 billion. Time Warner had a return on equity of 19.14% and a net margin of 14.10%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.29 earnings per share.

A number of equities analysts have weighed in on the company. Cowen and Company reiterated a “hold” rating and set a $107.50 price objective on shares of Time Warner in a research note on Thursday, August 3rd. BidaskClub upgraded Time Warner from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Jefferies Group LLC lowered Time Warner from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a research note on Thursday, August 3rd. Zacks Investment Research lowered Time Warner from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Barclays PLC lowered Time Warner from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $95.00 to $107.00 in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, twenty-five have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Time Warner presently has a consensus rating of “Hold” and an average price target of $102.25.

Shares of Time Warner (NYSE:TWX) opened at 102.28 on Thursday. Time Warner has a 12 month low of $74.27 and a 12 month high of $103.34. The stock has a market cap of $79.55 billion, a PE ratio of 18.98 and a beta of 1.05. The firm has a 50-day moving average price of $100.71 and a 200-day moving average price of $98.80.

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 1st. Investors of record on Monday, July 10th were given a dividend of $0.4025 per share. The ex-dividend date was Thursday, July 6th. This represents a $1.61 dividend on an annualized basis and a yield of 1.57%. Time Warner’s dividend payout ratio (DPR) is currently 29.98%.

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In other news, CFO Howard M. Averill bought 255 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The shares were purchased at an average price of $99.67 per share, for a total transaction of $25,415.85. Following the completion of the transaction, the chief financial officer now owns 63,399 shares in the company, valued at $6,318,978.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.16% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in the company. Bellwether Investment Group LLC raised its stake in shares of Time Warner by 15.6% in the first quarter. Bellwether Investment Group LLC now owns 1,083 shares of the media conglomerate’s stock worth $106,000 after buying an additional 146 shares during the period. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Time Warner by 9.9% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 1,109 shares of the media conglomerate’s stock worth $109,000 after buying an additional 100 shares during the period. Carroll Financial Associates Inc. raised its stake in shares of Time Warner by 2.7% in the first quarter. Carroll Financial Associates Inc. now owns 1,249 shares of the media conglomerate’s stock worth $122,000 after buying an additional 33 shares during the period. Motco purchased a new stake in shares of Time Warner during the second quarter worth about $129,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Time Warner during the first quarter worth about $138,000. Hedge funds and other institutional investors own 80.02% of the company’s stock.

About Time Warner

Time Warner Inc is a media and entertainment company. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) 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.

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Earnings History and Estimates for Time Warner (NYSE:TWX)

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