Time Warner Cable (TWC) Misses Q4 EPS by 6c
Get Alerts TWC Hot Sheet
Price: $209.56 --0%
Financial Fact:
Basic (in shares): 283.8M
Today's EPS Names:
SYBX, DSGN, ATRA, More
Financial Fact:
Basic (in shares): 283.8M
Today's EPS Names:
SYBX, DSGN, ATRA, More
Join SI Premium – FREE
Time Warner Cable (NYSE: TWC) reported Q4 EPS of $2.03, $0.06 worse than the analyst estimate of $2.09. Revenue for the quarter came in at $5.79 billion versus the consensus estimate of $5.81 billion.
Operational Highlights
- Fourth-quarter subscriber performance in each category below was the best in at least seven years.
- Total customer relationship net additions of 67,000
- Residential high-speed data net additions of 168,000
- Residential voice net additions of 295,000 – best fourth quarter ever
- Residential video net declines of 38,000
- Residential triple play net additions of 273,000 – best fourth quarter ever
- Full-year capital expenditures of $4.1 billion reflect the Company’s accelerated investment in “TWC Maxx,” improved customer experience and network expansion.
- The roll out of TWC Maxx, including the “all digital” conversion and Internet speeds of up to 300 Mbps, was completed in New York City and Los Angeles during 2014. The Company expects to complete the roll out in Austin, Texas in early 2015 and plans to expand TWC Maxx to Charlotte, Dallas, Hawaii, Kansas City, Raleigh, San Antonio and San Diego in 2015.
- TWC continued to improve its customers’ experience by deploying more than eight million new set-top boxes, digital-to-analog converters and advanced modems in customers’ homes during 2014.
- During 2014, TWC added nearly 70,000 commercial buildings to its network, ending the year with connectivity to 930,000 commercial buildings.
- TWC achieved record “on-time” performance with technicians arriving at more than 97% of customer appointments within the designated one-hour appointment window during the fourth quarter.
For earnings history and earnings-related data on Time Warner Cable (TWC) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Core & Main, Inc (CNM) Tops Q1 EPS by 1c ; Offers Guidance
- Dick's Sporting Goods (DKS) PT Raised to $215 at UBS
- Caleres (CAL) Tops Q4 EPS by 1c, Tops on Revenue; Offers Guidance
Create E-mail Alert Related Categories
Earnings, Hot EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!