What Will Time Warner Do Post-Earnings?
T = Trends for a Stock’s Movement
Time Warner is a media and entertainment company. The company operates in three reporting segments: Networks, Film, and TV Entertainment and Publishing. Networks consist of television networks, premium pay, basic-tier television services, and digital media properties. Film and TV Entertainment consists of feature film, television, home video, and video game production and distribution, while Publishing consists of magazine publishing. Through its segments, Time Warner is able to move audiences around the world. With such a large and growing audience, look for Time Warner to continue to drive profits through its media and entertainment.
Time Warner today reported financial results for its fourth-quarter and full-year ended December 31, 2013. Chair and Chief Executive Officer Jeff Bewkes said that, “We had another very successful year in 2013, with Turner, Home Box Office and Warner Bros. all posting record profits while also investing for future growth. We grew Adjusted Operating Income by 8 percent and Adjusted EPS by 16 percent — our fifth consecutive year of double-digit Adjusted EPS growth.”