UBS Cuts Estimates on Time Warner Cable Due to Margin Pressure (TWC)
On Thursday, analysts at UBS cut the earnings estimates on cable provider Time Warner Cable Inc (TWC).
UBS reduced estimates through fiscal 2014 for TWC. The analysts state that the company’s margins should remain under pressure through 2013.
Time Warner Cable shares were inactive during pre-market trading on Thursday. The stock is up +15.07% over the past twelve months.
The Bottom Line
Shares of Time Warner Cable (TWC) have a dividend yield of 2.84% based on last night’s closing price of $91.69 and the company’s annualized dividend payout of $2.60 per share.
Time Warner Cable Inc (TWC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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