Time Warner Cable Earnings: Everything You Must Know Now

Time Warner Cable Inc. (NYSE:TWC) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Time Warner Cable Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 18.18% to $1.69 in the quarter versus EPS of $1.43 in the year-earlier quarter.

Revenue: Rose 2.7% to $5.55 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Time Warner Cable Inc. reported adjusted EPS income of $1.69 per share. By that measure, the company beat the mean analyst estimate of $1.65. It missed the average revenue estimate of $5.58 billion.

Quoting Management: “Time Warner Cable continues to build significant shareholder value by investing in rapidly expanding Business Services and by revitalizing our Residential Services operations,” said Glenn Britt, Chairman and CEO. “I am pleased with our progress in operations and expect to see the benefits in the second half of the year and in 2014.”

Key Stats (on next page)…

Revenue increased 1.37% from $5.48 billion in the previous quarter. EPS increased 26.12% from $1.34 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.66 to a profit $1.67. For the current year, the average estimate has moved up from a profit of $6.43 to a profit of $6.45 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)