Earnings Estimate Scorecard Time Warner Cable Inc

M.M

Cable Inc. (TWC) accept fabricated alloyed appraisal revisions on the stock. The brokers’ angle is based on acceptable appearance from the abstracts subscriber business, but they abide anxious about the connected accident of residential video customers.   

Second Division Highlights

On a GAAP basis, anniversary net assets from continuing operations was $452 actor or $1.43 per share, compared with $420 actor or $1.24 per allotment in the year-ago quarter. Adjusted EPS came in at $1.48,
calmly assault the Zacks Consensus Appraisal of $1.38.

Quarterly absolute acquirement of $5,404 actor was up 9.3% year over year, afore the Zacks Consensus Appraisal of $5,367 million. Alongside, operating assets afore abrasion and acquittal (:OIBDA) added 10.3% year over year to $2,011 million.

Agreements of Analysts

Of the 18 analysts accoutrement the banal in the aftermost 7 days, one analyst revised the appraisal advancement while two accept fabricated bottomward revisions for the third division of 2012. Similarly, of the 17 analysts accoutrement the banal in the aftermost 7 days, two accept revised the estimates advancement while one has confused in the adverse administration for the fourth division of 2012.

Over the accomplished 30 days, seven out of 18 analysts accoutrement the banal accept downgraded the estimates while six accept revised the estimates advancement for the third division of 2012. Similarly, for the fourth division of 2012, nine out of the 17 analysts accept bargain the estimates while four accept revised the estimates upward.

For 2012, out of the 20 analysts accoutrement the banal four accept revised their estimates advancement while none has revised it bottomward over the aftermost 7 days. Likewise, for 2013, out of the 21 analysts accoutrement the stock, two accept revised the estimates advancement while one has confused in the adverse administration for the accustomed period.

In the aftermost 30 canicule for 2012, 10 out of the 20 analysts accoutrement the banal accept added their estimates while bristles accept bargain their estimates. Similarly, for 2013, out of the 21 analysts accoutrement the stock, eight accept added the estimates while nine accept confused in the adverse direction.

Currently, the Zacks Consensus Appraisal for the third division of 2012 is called at $1.39. The projected anniversary advance is 25.23%. For the fourth division of 2012, the Zacks Consensus Appraisal of $1.58 indicates an annualized advance of 13.97%.

Magnitude of Appraisal Revisions

During the aftermost 7 days, the accepted Zacks Consensus Estimates for the third division of 2012 is in band with the Zacks Consensus Appraisal of $1.39 while for the fourth division of 2012 it has bargain by four cents from the antecedent estimates of $1.62, respectively.

During the aftermost 30 days, the accepted Zacks Consensus Appraisal for the third division and fourth division of 2012 is 2 cents beneath the beforehand appraisal of $1.41 and $1.60, respectively.

For 2012, the accepted Zacks Consensus Appraisal is one cent advanced of the above-mentioned appraisal of $5.62, while for 2013 the accepted Zacks Consensus Appraisal is in band with the above-mentioned appraisal of $6.85 in the aftermost 7 days. However, the Zacks Consensus Appraisal for 2012 is 2 cents advanced of the beforehand appraisal of $5.61 in the aftermost 30 days. Similarly, for 2013, the accepted Zacks Consensus Appraisal is 5 cents beneath the beforehand appraisal of $6.90.

Earnings Surprises

The aggregation has outperformed the Zacks Consensus Estimates in three out of the four antecedent quarters. In the aftermost quarter, Time Warner Cable appear that balance were advanced by 10 cents or 7.25%.

The advancing division of 2012 contains a downside accident of 0.72% (essentially a proxy for approaching balance surprises) while no surprises are accepted for the fourth division of 2012. However, 2012 and 2013 accommodate a 0.18% and 0.58% downside accident respectively.

Our Recommendation

We accept that Time Warner cable’s cogent subscriber advance for aerial acceleration internet and agenda buzz services, accommodation to aggrandize its Wi-Fi arrangement and its new cardinal move to consolidate its Cable TV business will act as absolute catalysts activity ahead.

However, austere macro bread-and-butter situation, annealed antagonism from battling Comcast Corporation (CMCSA) forth with telecom carriers like Verizon Communication Inc. (VZ) and AT&T Inc. (T) and assimilation of the multi-channel video bazaar in the U.S. will actualize cogent headwind for the Company.

We advance our abiding Neutral advocacy on Time Warner Cable Inc. Currently, TWC has a Zacks #3 Rank, implying a concise Hold appraisement on the stock.

About Balance Appraisal Scorecard

As a PhD from MIT, Len Zacks accepted over 30 years ago that balance appraisal revisions are the best able force impacting banal prices. He angry this arena breaking analysis into two of the best adulatory banal appraisement systems in use today. The Zacks Rank for banal trading in a 1 to 3 ages time border and the Zacks Advocacy for abiding advance (6+ months). These “Earnings Appraisal Scorecard” accessories advice assay the important aspects of appraisal revisions for anniversary banal afterwards their anniversary balance announcements


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