{"id":29073,"date":"2012-05-03T18:51:09","date_gmt":"2012-05-03T22:51:09","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=29073"},"modified":"2012-05-03T18:51:09","modified_gmt":"2012-05-03T22:51:09","slug":"time-warner-beat-earnings-estimates-but-profits-were-lower","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/05\/03\/time-warner-beat-earnings-estimates-but-profits-were-lower\/","title":{"rendered":"Time Warner Beat Earnings Estimates But Profits Were Lower"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v0e870de9e598a16a66a56102b6255b2d6c382329&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v0e870de9e598a16a66a56102b6255b2d6c382329&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Time Warner reported its first quarter results before the bell this morning, posting an EPS of $0.67, above analyst estimates of $0.65. Revenues for the quarter rose 4% to $7 billion, also above consensus estimates of $6.81 billion.The company also announced in its release that it repurchased 24 million shares of its stock for almost $900 million through the first quarter per the plan authorized by the company&#8217;s board of directors back in January. Although earnings did beat estimates, the media company&#8217;s profits were down 11% from the prior quarter due to restructuring costs and other items.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/05\/03\/1_yam9picq_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/05\/03\/1_yam9picq_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Time Warner reported its first quarter results before the bell this morning, posting an EPS of $0.67, above analyst estimates of $0.65. Revenues for the quarter rose 4% to $7 billion, also above consensus estimates of $6.81 billion.The company also announced in its release that it repurchased 24 million shares of its stock for almost &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/05\/03\/time-warner-beat-earnings-estimates-but-profits-were-lower\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Time Warner Beat Earnings Estimates But Profits Were Lower&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29073","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=29073"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29073\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=29073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=29073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=29073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}