Time Warner Cable Earnings Trail Analysts’ Estimates

Time Warner Cable Inc., the cable company that’s merging with Comcast Corp., reported earnings that trailed analysts’ estimates as Internet customer gains weren’t enough to make up for video subscriber losses.

Second-quarter earnings, excluding some items, rose to $1.89 a share, the New York-based company said in a statement today. Analysts estimated $1.90 on average. Costs for sports programming also cut into profit, and a dispute with competitors over rights to Los Angeles Dodgers games led the cable provider to reduce its forecast for the year.