04.05.2016 - Quotes of Time Warner may rise after a positive report for the 1st quarter
Shares of Time Warner are likely to show growth in the near future in connection with the publication of positive statistics for the first three months of this year. Thus, the net profit of the media company was 1.21 billion dollars compared to 970 million dollars in the first quarter of the 1st quarter 2015. Revenues for the first quarter of the year rose to 7.31 billion dollars against 7.13 billion a year earlier. According to our forecasts, the company's share growth in the medium term could reach 13-17%.