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Market Update

Earnings on Tap: Sony, Comcast, Time Warner

Sony sales may lag; Comcast and Time Warner expected to surprise positively.

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 Sony (SNE) is expected to announce dismal results Wednesday, as the consumer-electronics firm struggles with lukewarm sales of its television sets and a strong yen that threatens to eat into overseas profits.

A poll of Wall Street analysts expects the firm to post earnings-per-share of $0.31, while some analysts forecast the company to continue its string of quarterly losses.

Nazim Khan does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.