Time Warner Cable’s New York City service area includes Manhattan, Queens, Staten Island and western Brooklyn, Mt. Vernon, NY, as well as Bergen and Hudson counties in New Jersey. Its customers this year had a $2.75 monthly charge added to their bills for sports programming.
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A number of other firms have also recently commented on TWC. Analysts at Scotiabank downgraded shares of Time Warner Cable from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, June 23rd.
Time Warner Inc. (NYSE:TWX) is next slated to report quarterly results on 2015-08-05 where the Street is anticipating earnings per share of $1.03. The stock has a 50-day moving average of $181.65 and a 200-day moving average of $161.08.
Looking further ahead at the long term growth estimates for the firm, analysts are anticipating earnings per share of $4.9 for the current year. However, if the road gets shaky, the stock may fall short to $85 per share. Analysts at Deutsche Bank initiated coverage on shares of Time Warner Cable in a research note on Monday, July 13th. The 52-week high of the share price is $91.34 and the company has a market cap of $72,656 million.
Time Warner Cable Inc (NYSE:TWC) rose 0.12% or 0.23 points on Wednesday and made its way into the gainers of the day. The highest analyst price target sees the stock at $222. The company had revenue of $7.10 billion for the quarter. In a recent information released to the investors, Nomura raises the new price target from $87 per share to $93 per share. During the same quarter in the previous year, the company posted $1.78 earnings per share.
Time Warner Inc. (NYSE:TWX), is a media and entertainment company. The total value of transaction was $1,884,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $1.81 for the quarter. The Company operates in three reporting segments: Networks, Film and TV Entertainment and Publishing.
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The company lost around 45,000 residential video customers during the quarter. Networks consist of television networks and premium pay and basic tier television services and digital media properties.
