Investing.com - (NYSE:Time Warner) first-quarter earnings beat estimates.
The U.S. company reported an 11% rise in adjusted Q1 EPS to $1.66 vs. estimate of $1.45.
Revenues were up 6% at $7.74 bn after successful releases Kong: Skull Island and The Lego Batman Movie.
Time Warner said it was on track to complete its merger with (NYSE:AT&T) by the end of the year.