Time Warner posts earnings of $1.25 a share vs $1.03 expected
August 05, 2015 at 07:02 AM EDT
Analysts had expected the company to report earnings of $1.03 a share on $6.9 billion in revenue, according to a consensus estimate from Thomson Reuters. Last month, Time Warner's HBO cable channel announced an agreement with Verizon to would allow the carrier's Internet subscribers to access HBO Go without subscribing to a cable package..