NEW YORK, February 9 (FinanceEnquiry.com) - Analyst Tuna Amobi at S&P Capital IQ maintains Buy rating on the shares Time Warner (NYSE: TWX).
 
In a research note published yesterday, the analyst mentions that Time Warner reported Q4 adjusted EPS of $0.94, on 10% less shares (excluding $0.18 of non-recurring charges), beating the estimate and the Capital IQ consensus of $0.90 and $0.87, respectively. Networks and film segments led the beat and solid Q4 covered the eventful 2011, with improved operating leverage facilitating some enduring challenges for Publishing segment, the analyst adds. Analyst Amobi reaffirms management’s strong confidence, as it sets 11% hike in quarterly dividend, adds $4 billion to share buyback plan and sees low double-digit 2012 EPS growth relative to $2.89 in 2011.