Time Warner Cable (TWC) Tops Q4 EPS by 1c; Adjusted OIBDA Slipped 0.4%
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Time Warner Cable (NYSE: TWC) reported Q4 EPS of $1.80, $0.01 better than the analyst estimate of $1.79. Revenue for the quarter came in at $6.07 billion versus the consensus estimate of $6.05 billion.
Adjusted Operating Income before Depreciation and Amortization (“Adjusted OIBDA”) for the fourth quarter and full year of 2015 decreased 0.4% and 1.1%, respectively, driven by year-over-year increases in operating expenses of 7.9% and 6.7%, respectively, partially offset by revenue growth.
For earnings history and earnings-related data on Time Warner Cable (TWC) click here.
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