LONDON (MarketWatch) -- Time Warner Cable TWC, on Thursday reported third-quarter net income of $268 million, or 76 cents a share, compared to $301 million, or 92 cents a share, in the same period last year. Analysts surveyed by FactSet Research had produced a consensus forecast of 75 cents a share. The company said the earnings decline resulted largely from higher interest expense tied to the debt used to fund a $10.9 billion special cash dividend paid in March. Revenues rose 4% to $4.5 billion, the company said.