Time Warner Cable Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter

Here's Benzinga's essential guide to Time Warner Cable's second quarter earnings report.

Earnings and Revenue:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of $1.15 per share and revenues of $4.93 billion. Whether the reported numbers beat or miss analysts' estimates, they will also be compared against last year's numbers for the same period, which were a profit of 97 cents per share on revenues of $4.73 billion. We'll have to wait for Thursday to see if Time Warner Cable falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

Shares of Time Warner Cable were trading at $78.78 as of July 22, 2011. Shares are up 20.9% year to date.

Average Stock Rating:

The average rating by analysts for Time Warner Cable is a Moderate Buy. The strength of this rating has crept upwards over the past three months.

Competitors:

Wondering how Time Warner Cable compares to rivals in the same sector? Here are a few of the company's peers.

• Charter Communications CHTR: Hold with a -$0.58 recent quarter EPS
• Comcast CMCSA: Moderate Buy with a $0.36 recent quarter EPS
• Cablevision Systems (CVC): Hold with a $0.38 recent quarter EPS
• DISH Network (DISH): Hold with a $0.72 recent quarter EPS

Time Warner Cable is in the cable TV industry, which has experienced price/earnings growth of 0.4%.

Finally, a description of the company's main areas of operation: Time Warner Cable together with its subsidiaries is a cable operator in the U.S., with systems located mainly in New York State, the Carolinas, Ohio, southern California and Texas.

Take Action:

There is your peek into Time Warner Cable's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

• To see up-to-date news on Time Warner Cable, click here
• To see other trading ideas, click here
• To see other company earnings recaps, click here