On Wednesday morning pre-market, we'll get to see earnings out of Time Warner Cable Inc. (NYSE: TWC). The estimates for the cable giant from First Call are $0.22 EPS on $4.15 billion in revenues. Next quarter estimates are $0.34 EPS on $4.31 billion in revenues. Estimates for fiscal Dec-2008 are $1.27 EPS on $17.25 billion in revenues.

Analysts have an average price target north of $34.00. In late January, UBS initiated to a neutral rating and in early February, Cowen & Co. initiated with a neutral rating as well.

After trading in the upper thirties and low forties early last summer, the stock has been consistently trading in the mid-twenties over the last six months. Time Warner Cable's 52-week trading range is $21.95 to $42.11.

Last Wednesday, Time Warner Cable was among one of four cable companies to pull out of a joint venture with Sprint Nextel (NYSE: S), called Pivot. Pivot was an attempt for telephone and cable companies to compete with multiple providers, such as AT&T Inc. (NYSE: T) uVerse and the service from Verizon Communications (NYSE: VZ). Verizon's strong earnings this morning were driven partially by its fiber-optic TV service. FiOS drove the revenue growth, with customer additions to reach a total of 1.2 million customers.