Thursday 28 July 2011

Time Warner Cable 2Q Profits Up 22.8%, Soaring Past Estimates

The economy may be weak, but you wouldn't know it from Time Warner Cable's 2Q earnings. The No 2 cable operator reports net income of $420M on revenues of $4.9B, up 4.4% vs the same period last year. Earnings, at $1.24 a share, zoomed past the $1.16 that analysts expected.

Source: http://www.deadline.com/2011/07/time-warner-cable-2q-profits-up-22-8-soaring-past-estimates/

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