Time Warner: adjusted EPS more than doubles in Q4
(CercleFinance.com) - Time Warner has announced adjusted Q4 2017 EPS that has more than doubled (+113%) to 2.
66 dollars, with adjusted operating profit and revenues that are up 9% to 1.9 billion dollars and 8.6 billion dollars respectively.
The US media and entertainment group said that earnings growth from its Turner and Home Box Office networks was partially offset by falling earnings at its Warner Bros. movie studios.
Time Warner has therefore seen its FY 2017 adjusted operating profit increase by 7% to 8.2 billion dollars, with the group expecting upper single-digit growth (at current exchange rates) in 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
66 dollars, with adjusted operating profit and revenues that are up 9% to 1.9 billion dollars and 8.6 billion dollars respectively.
The US media and entertainment group said that earnings growth from its Turner and Home Box Office networks was partially offset by falling earnings at its Warner Bros. movie studios.
Time Warner has therefore seen its FY 2017 adjusted operating profit increase by 7% to 8.2 billion dollars, with the group expecting upper single-digit growth (at current exchange rates) in 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.