Leading U.S cable TV operator, Time Warner Cable Inc. (TWC), primarily offers three services – video, high-speed data and voice over its broadband cable systems.
Time Warner Cable currently carries a Zacks Rank #3 (Hold). The company has generated a positive average earnings surprise of 1.90% in the previous four quarters. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Time Warner Cable misses fourth quarter earnings. Our consensus called for EPS of $2.09, and the company reported EPS of $2.03.
Revenue: Time Warner Cable generated total revenue of $5,790 million, below the Zacks Consensus Estimate of $5,805 million.
Key Stats to Note: During fourth-quarter of 2014, high-speed data subscribers rose by 168,000 to 11.675 million. Voice subscribers grew 295,000 to 5.284 million. However, video subscribers declined by 38,000 to 10.789 million.
Check back later for our full write up on this Time Warner Cable earnings report later!
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