Time Warner Cable (TWC) Reports Q2 EPS of $0.34, Beats by 2c; Guides FY08
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Time Warner Cable Inc. (NYSE: TWC) reports Q2 EPS of $0.34, 2 cents better than the analyst estimate of $0.32. Revenues for the quarter were $4.3 billion, versus the consensus of $4.33 billion.
Sees FY08 sales growth of about 9% from a FY07 base of $15.955 billion. EPS for the year are expected to be in the range of $1.10-$1.15, versus the consensus of $1.27.
Time Warner Cable, Inc. provides video, data, and voice service to residential and commercial customers in the United States.
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