* Charter Communications Inc reported quarterly adjusted earnings of $7.55 per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $6.65. The mean expectation of nineteen analysts for the quarter was for earnings of $7.92 per share. Wall Street expected results to range from $6.90 to $9.50 per share.
* Revenue rose 0.2% to $13.68 billion from a year ago; analysts expected $13.74 billion.
* Charter Communications Inc's reported EPS for the quarter was $7.55.
* The company reported quarterly net income of $1.11 billion.
* Charter Communications Inc shares had fallen by 10.8% this quarter and lost 33.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 1.2% in the last three months.
* In the last 30 days, seven analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 16 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the integrated telecommunications services peer group is also "hold"
Wall Street's median 12-month price target for Charter Communications Inc is $325.00 This summary was machine generated from LSEG data April 26 at 04:13 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 7.92 7.55 Missed
Dec. 31 2023 8.73 7.07 Missed
Sep. 30 2023 7.94 8.25 Beat
Jun. 30 2023 7.88 8.05 Beat
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