Needham & Company Maintains a 'Buy' on Time Warner Cable (TWC); Q1 Preview
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Price: $209.56 --0%
Rating Summary:
11 Buy, 20 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
11 Buy, 20 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Needham & Company maintains a 'Buy' on Time Warner Cable (NYSE: TWC) price target of $95.00.
Analyst, Laura Martin, said, "We are maintaining our 1Q12 financial estimates. We continue to estimate 1Q12 revenue of $5.029B, up 4% y/y, OIBDA of $1.816B, up 5% y/y and Operating EPS of $1.22, up 21% y/y. Importantly, our numbers exclude TWC’s recent acquisition of Insight Communications, which closed on 2/29/12. We expect to incorporate this acquisition after receiving updated pro forma information on the 1Q12 earnings call. FY12. For FY12, we are maintaining our revenue estimate of $20.44B, and our EPS estimate of $5.49, no
change from our previous estimates."
For an analyst ratings summary and ratings history on Time Warner Cable click here. For more ratings news on Time Warner Cable click here.
Shares of Time Warner Cable closed at $81.31 yesterday.
Analyst, Laura Martin, said, "We are maintaining our 1Q12 financial estimates. We continue to estimate 1Q12 revenue of $5.029B, up 4% y/y, OIBDA of $1.816B, up 5% y/y and Operating EPS of $1.22, up 21% y/y. Importantly, our numbers exclude TWC’s recent acquisition of Insight Communications, which closed on 2/29/12. We expect to incorporate this acquisition after receiving updated pro forma information on the 1Q12 earnings call. FY12. For FY12, we are maintaining our revenue estimate of $20.44B, and our EPS estimate of $5.49, no
change from our previous estimates."
For an analyst ratings summary and ratings history on Time Warner Cable click here. For more ratings news on Time Warner Cable click here.
Shares of Time Warner Cable closed at $81.31 yesterday.
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