Time Inc.(TIME): For the most recent quarter end, Time Inc. reported Annual Earnings of $0.75. Based on the filings, last years Annual Earnings was, $1.17. For the most recent quarter end, TIME reported a surprise Earnings per Share of -2.6% . The consensus estimate for current quarter is $-0.05 and for the current fiscal year, the estimate is $1.39. For the Next fiscal year, the estimate is $1.26 based on the consensus.
Time Inc. has received $-0.05 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $-0.14 while the top line estimate is $0.04 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 54.55%. Time Inc. results fell short with a surprise EPS of -2.6% or $-0.02. The Actual EPS was $0.75 compared to the Estimated EPS of $0.77 during its most recent quarterly earnings.
Time Inc. has a Price to Earnings ratio of 16.58 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.33. For the Most Recent Fiscal Year, Time Inc. has a price to cash ratio of 7.57. For the Trailing twelve month period, company showed a Net Profit Margin of -1.56% and Return on Equity of the stock is 7.37%.
Time Inc. last declared its Dividend on Nov 28, 2016.
Time Inc Last issued its quarterly earnings results on Feb 16, 2017. The company reported $0.75 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.78. The company had revenue of $867.00 million for the quarter, compared to analysts expectations of $874.48 million. The companys revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.
Company has reported several Insider transactions to the SEC, on Nov 8, 2016, John M Jr Fahey (director) purchased 1,000 shares at 12.62 per share price.On Nov 7, 2016, Gregory Giangrande (EVP,CHRO&Chief Commns Officer) sold 1,330 shares at 12.62 per share price.On May 10, 2016, David Arthur Bell (director) purchased 5,000 shares at 15.06 per share price.
Time Inc. (NYSE:TIME) witnessed a decline in the market cap on Wednesday as its shares dropped 2.06% or 0.4 points. After the session commenced at $19.25, the stock reached the higher end at $19.3 while it hit a low of $18.95. With the volume soaring to 840,562 shares, the last trade was called at $19. The company has a 52-week high of $20.4. The company has a market cap of $1,880 million and there are 98,950,000 shares in outstanding. The 52-week low of the share price is $12.5.
Time Inc. is a branded media company. It publishes magazines in the United States, the United Kingdom, and internationally. Time also provides content marketing services; targeted local print and digital advertising programs; branded book publishing; and marketing and support services, such as magazine subscription sales services, retail distribution and marketing services, and customer service and fulfilment services to other third-party clients, including other magazine publishers. The Companys brands includes Time, People, Sports Illustrated, InStyle, Real Simple, Travel + Leisure, Food & Wine, and Wallpaper. Time Inc. is headquartered in New York.