July 28, 2011 / 12:27 PM / 6 years ago

Time Warner Cable Q2 profit beats Wall Street view

(Reuters) - Time Warner Cable Inc’s TWC.N quarterly profit topped analysts’ expectations, helped by a growth in residential services revenue.

For the second-quarter, earnings attributable to the company was $420 million or $1.24 per share.

Revenue rose 4.4 percent to $4.94 billion.

Analysts on average had expected earnings of $1.16 a share, excluding items, on revenue of 4.94 billion, according to Thomson Reuters I/B/E/S.

Reporting by Supantha Mukherjee in Bangalore; Editing by Gopakumar Warrier

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