Time Warner Reports Strong 4Q
Posted on January 26, 2012 at 12:50 PM EST
Time Warner Cable Inc. (NYSE:TWC) reported strong fourth-quarter 2011 financial results, with both the top line and bottom line beating the Zacks Consensus Estimate. During the earnings call, the company also sanctioned a share repurchase program worth $4 billion and hiked its quarterly dividend by 17% to 56 cents. Quarterly GAAP net income was $564 [...]

Time Warner Cable Inc. (NYSE:TWC) reported strong fourth-quarter 2011 financial results, with both the top line and bottom line beating the Zacks Consensus Estimate. During the earnings call, the company also sanctioned a share repurchase program worth $4 billion and hiked its quarterly dividend by 17% to 56 cents.
Quarterly GAAP net income was $564 million or $1.75 per share compared with a net income of $392 million or $1.09 per share in the prior-year quarter. Fourth-quarter 2011 adjusted … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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