Time Warner gives strong earnings guidance ahead of excitement about HBO and high profile movie slate

Wunderlich Securities on Thursday gave an Entertainment spotlight on Time Warner Inc. TWX after the company gave 2015 earnings guidance of $4.60-4.70 EPS. Wunderlich Securities currently rates Time Warner Inc. as a Buy with a price target of $93.00. Regarding one of the keys to Time Warner Inc.'s strengths Wunderlich Securities analyst Matthew Harrigan wrote, "HBO continues to advance its global profile as likely to be evidenced by ample subscription revenue growth, with an anticipated acceleration in adjusted operating income growth." HBO is expected to launch a U.S. over-the-top service later this year which analysts believe will help Time Warner deliver healthy margin expansion. Analysts are also excited about EPS growth that is heavily weighted toward the second half given syndication availabilities for shows such as "2 Broke Girls" and a higher profile movie slate that includes "Batman vs Superman." Time Warner Inc. has traded at $81.78. up 0.95 percent.
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Posted In: Analyst ColorPrice TargetReiterationAnalyst RatingsMatthew HarriganWunderlich Securities
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