Time Warner Cable (NYS: TWC) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Time Warner Cable's revenues will expand 3.2% and EPS will expand 12.2%.
The average estimate for revenue is $5.58 billion. On the bottom line, the average EPS estimate is $1.66.
Last quarter, Time Warner Cable logged revenue of $5.48 billion. GAAP reported sales were 6.6% higher than the prior-year quarter's $5.13 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.41. GAAP EPS of $1.34 for Q1 were 12% higher than the prior-year quarter's $1.20 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 51.9%, 130 basis points worse than the prior-year quarter. Operating margin was 19.9%, 130 basis points worse than the prior-year quarter. Net margin was 7.3%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $22.25 billion. The average EPS estimate is $6.54.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 194 members out of 238 rating the stock outperform, and 44 members rating it underperform. Among 70 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 63 give Time Warner Cable a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Time Warner Cable is outperform, with an average price target of $101.42.
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The article What to Expect from Time Warner Cable originally appeared on Fool.com.
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