Time Warner Cable (TWC) Tops Q1 EPS by 4c

Time Warner Cable (NYSE: TWC) reported Q1 EPS of $1.81, $0.04 better than the analyst estimate of $1.77. Revenue for the quarter came in at $6.19 billion versus the consensus estimate of $6.14 billion.

• Accelerated Revenue Growth of 7.2%
• Robust Adjusted OIBDA Growth of 8.2%

Time Warner Cable Chairman and CEO Rob Marcus said: "Our first-quarter results are the clearest indication yet that our efforts over the last 27 months are paying off. We have made our network more reliable, our products more compelling and our customer service far better. We’ve refined our marketing, enhanced our sales channels and strengthened our retention capability. All of that has driven robust customer growth, which in Q1 translated into very strong revenue and OIBDA growth. I couldn’t be prouder of what our talented, committed, passionate team has accomplished.”

For earnings history and earnings-related data on Time Warner Cable (TWC) click here.

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