Earnings Watch For August 7 (TWX, NWSA, TWTC, PRU, AOL)

(RTTNews) - New York-based Time Warner Inc. (TWX) is slated to report results for the second quarter before the market opens. The media and entertainment giant is expected to report a profit of $0.76 per share, higher than the $0.59 per share reported last year. Quarterly revenues are anticipated to grow to $7.11 billion from $6.74 billion reported a year ago. The stock closed Tuesday at $64.08. (52-wk H/L $64.72/$41.03)

Media mogul Rupert Murdoch's News Corp. (NWS, NWSA) is due to post its fourth quarter results after the close of trading. The New York-based company is expected to record earnings of $0.15 per share on revenues of $2.19 billion. Shares of NWSA closed Tuesday's trade at $16.18. (52-wk H/L $16.47/$14.39)

Littleton, Colorado-based TW Telecom Inc. (TWTC) is scheduled to report second-quarter results. The earnings of the company are expected to decrease marginally to $0.12 per share from $0.13 per share reported a year earlier. However, the company is anticipated to generate revenues of $385.86 million, up from $364.50 million generated a year ago. The stock closed Tuesday at $30.28. (52-wk H/L $30.61/$23.63)

Life insurer Prudential Financial, Inc. (PRU) is expected to post second quarter results after the market closes. The New Jersey-based company's earnings are expected to rise to $1.99 per share from the prior year's $1.32 per share. Quarterly revenues are projected at $12.20 billion, an increase from $11.40 billion reported a year ago. The company's shares closed Tuesday's regular trading at $80.73. (52-wk H/L $83.67/$48.17)

Web service company AOL Inc. (AOL) is expected to report results for the second quarter before the opening bell. The New York-based company's earnings are expected to be $0.32 per share on revenues of $539.66 million. A year earlier, the company reported earnings of $10.17 per share on revenues of $531.10 million. The shares closed Tuesday at $36.18. (52-wk H/L $43.93/$29.16)

Devon Energy Corp. (DVN), Duke Energy Corp (DUK) , Marsh & McLennan Companies Inc (MMC), Wellcare Health Plans Inc (WCG), YRC Worldwide Inc. (YRCW), Jack In The Box Inc. (JACK), MBIA Inc. (MBI) and Transocean Inc. (RIG) are also due to report their results.