Earnings Watch: Time Warner earnings: What to expect as company navigates AT&T deal

A little more than a week after the proposed $85.4 billion acquisition by AT&T Inc., media and entertainment giant Time Warner is set to report earnings for the third quarter before the market opens on Wednesday.

Here’s what investors can expect:

Earnings: Time Warner TWX, +1.74% is expected to report earnings of $1.37 per share for the third quarter, according to analysts tracked by FactSet. That would be a 6.2% bump from Time Warner’s second quarter earnings and a nearly 10% increase compared with the same third-quarter period a year ago. The New York-based company has beat FactSet’s consensus on per-share earnings in every quarter dating back to the 2008 fourth quarter.

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