Time Warner Cable Beats Estimates as Client Losses Slow

Time Warner Cable Inc. slowed subscriber losses at its TV business last quarter, making Comcast Corp.’s proposed $45 billion takeover look like a smarter bet.

First-quarter earnings, excluding some items, rose 26 percent to $1.78 a share, the New York-based company said today in a statement. That topped the average estimate from analysts of $1.67 as Time Warner Cable added 148,000 net residential customers for its Internet, voice and TV service -- the most in more than seven years.