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Time Warner (NYSE: TWX) will be announcing earnings for its fourth quarter tomorrow before the market opens. Analysts expect to see the company show earnings of $0.27 per share, which would be slightly lower than the $0.29 a share that the company posted for the same period last year.Last month the company issued a profit warning, and predicted an operating loss for Q4 and full year 2008. The company stated that it expects to have roughly a $25 billion write down on its cable, publishing and AOL assets. Of this $25 billion, $15 billion is related to its spin off of Time Warner Cable (NYSE: TWC) and the remaining $10 billion will be associated with its publishing and AOL division.
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