With Time Warner (TWX) set to release its first-quarter results before the opening bell on Wednesday, S&P Capital IQ senior equity analyst Tuna Amobi sheds light on whether the report will likely do anything to revitalize the stock. Time Warner has been one of the worst-performing media stocks this year. But Amobi predicts the company will actually report a decent quarter, though he cautions that advertising may be weak. Amobi reveals what investors will be looking to hear and how much HBO will be able to drive results. After Netflix (NFLX) reported record growth for its global subscriber base earlier this month, Amobi weighs in on how much pressure this puts on HBO and therefore, Time Warner.
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