Earnings per share for the last quarter are up 5% to $5.25 a share and it looks like the new technology with the one DVR that reaches 5 TV sets and records 5 shows at once is attracting more customers every month to rent the top of the class DVR. I have a COX and my mother has Time Warner and we can only record two programs at once and we are unable to watch another channel at the same time which is annoying.
In addition South America over the next two years is going to host the World Cup in Soccer and the next summer olympics in 2016, so the growth of 1 million customers a year South America is going to continue marching on.
Furthermore, the P/E keeps dropping and the PEG ratio are both superior to any other entertainment stock. Shares are under priced if you look at any other entertainment, cable company in terms of P/E and PEG ration.