Hit movies, HBO growth help Time Warner beat estimates

Calvin Saunders
February 3, 2018

Time Warner Inc. (NYSE:TWX) reported its EPS in the last quarter as $1.6/Share beating the analyst estimate of $1.43/Share by a difference of $0.17.

Time Warner Inc. (TWX) finalized the Wednesday at price of $95.35 after traded 5701964 shares. Jacobi Capital Management LLC now owns 995 shares of the media conglomerate's stock worth $100,000 after purchasing an additional 20 shares in the last quarter. About 490,536 shares traded. (NYSE:TWX) shares can stay above the price resistance around $97.88 a share, that could help propel Time Warner Inc. It has outperformed by 19.67% the S&P500.

Linscomb & Williams Inc decreased its stake in Sterling Construction Co Inc (STRL) by 29.59% based on its latest 2017Q3 regulatory filing with the SEC. For the last period, the company reported quarter over quarter EPS growth of -7.70% and quarter over quarter sales growth of 6.00%. The institutional investor held 67,242 shares of the consumer non-durables company at the end of 2017Q3, valued at $7.49M, down from 71,457 at the end of the previous reported quarter.

Several hedge funds have recently bought and sold shares of the stock. Consensus for the segment was at $1.65 billion. It has underperformed by 70.79% the S&P500.

Analysts await Pepsico, Inc.

Fourth quarter revenues grew 9% to $8.6 billion. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.50, which implies that analysts are generally neutral in their outlook for TWX over the next year.

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Investors sentiment decreased to 0.76 in Q3 2017. Its down 0.05, from 1.08 in 2017Q2. It dropped, as 66 investors sold TWX shares while 374 reduced holdings. Aureus Asset Management LLC raised its position in shares of Time Warner by 0.7% during the 2nd quarter. (NYSE:TWX). Gateway Advisers Limited has 418,124 shares for 0.37% of their portfolio.

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Time Warner wasn't one of them! Raymond James & Associates, Florida-based fund reported 11,732 shares. Alpha Windward Limited Liability Corporation reported 2,921 shares stake. Adell Harriman And Carpenter Inc reported 89,513 shares stake. (NASDAQ:STRL). Linscomb Williams owns 0.15% invested in Sterling Construction Company, Inc. Sit Inv Assoc holds 35,130 shares or 0.09% of its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta invested 0.02% in Dana Incorporated (NYSE:DAN). (NYSE:TWX) for 60,100 shares. Therefore 40% are positive. PepsiCo had 63 analyst reports since July 21, 2015 according to SRatingsIntel. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock. The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, March 7. Time Warner presently has an average rating of "Hold" and an average price target of $104.78. Susquehanna maintained Pepsico, Inc. The firm earned "Market Perform" rating on Wednesday, January 25 by William Blair. The rating was maintained by JP Morgan with "Overweight" on Tuesday, April 19. (NASDAQ:ADI) earned "Buy" rating by BMO Capital Markets on Sunday, August 27. The rating was downgraded by Credit Agricole on Thursday, November 5 to "Outperform". Fisher Asset Mngmt Ltd stated it has 701,894 shares. The business had revenue of $8.61 billion during the quarter, compared to analysts' expectations of $8.41 billion. On Friday, January 15 the stock rating was upgraded by Nomura to "Neutral". Also, insider Olaf Olafsson sold 23,450 shares of Time Warner stock in a transaction on Thursday, December 14th. (NYSE:TWX) for 3.04M shares.

Since December 14, 2017, it had 0 buys, and 1 sale for $2.11 million activity.

Following some medium-term indicators on shares of Time Warner Inc. Finally, KeyCorp reissued a "hold" rating on shares of Time Warner in a report on Tuesday, October 17th. Therefore 0 are positive. Bank of America maintained the stock with "Underperform" rating in Friday, November 13 report. According to today's trading volume Time Warner Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. (NYSE:TWX) higher to the next line of resistance at $98.76 a share. On Monday, May 2 the stock rating was downgraded by Pacific Crest to "Sector Weight". The stock has "Hold" rating by RBC Capital Markets on Sunday, September 17. KeyBanc Capital Markets maintained the shares of TWX in report on Monday, October 16 with "Hold" rating.

Time Warner Inc., a global leader in media and entertainment with businesses in television networks and film and TV entertainment, uses its industry-leading operating scale and brands to create, package and deliver high-quality content worldwide on a multi-platform basis.

Time Warner (NYSE:TWX) last announced its earnings results on Thursday, February 1st. They expect $1.46 earnings per share, up 16.80% or $0.21 from last year's $1.25 per share.

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