Time Warner Cable Q2 Profit Misses Estimates - Quick Facts

(RTTNews) - Time Warner Cable Inc. (TWC) reported second quarter net income attributable to shareholders of $463 million or $1.62 per share compared to $499 million or $1.76 per share, last year. Adjusted earnings per share was $1.54, for the quarter.

On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $1.81 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $5.93 billion from $5.73 billion, a year ago. Analysts expected revenue of $5.94 billion for the quarter. Revenue increased 3.5% year over year as a result of revenue growth at the Business Services and Residential Services segments.