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Charter (CHTR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-02 16:01
Charter Communications (CHTR) reported $13.71 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.3%. EPS of $7.07 for the same period compares to $7.69 a year ago.The reported revenue represents a surprise of -0.07% over the Zacks Consensus Estimate of $13.72 billion. With the consensus EPS estimate being $8.93, the EPS surprise was -20.83%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...
Charter Stock Plunges After Quarterly Earnings Miss, Surprising Broadband Losses
Deadline· 2024-02-02 15:20
Shares in Charter Communications dropped 13% Friday morning after the company reported disappointing fourth-quarter earnings and a surprising loss of broadband subscribers. Charter said it lost 61,000 internet customers in the quarter ending December 31, compared with Wall Street analysts’ expectation for a slight gain. The stock was at $336.24 on heavier-than-normal trading volume. Earnings of $7.07 tumbled from $7.69 in the same quarter a year earlier and also fell way below analysts’ consensus forecas ...
Charter Communications (CHTR) Lags Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-02 14:11
Charter Communications (CHTR) came out with quarterly earnings of $7.07 per share, missing the Zacks Consensus Estimate of $8.93 per share. This compares to earnings of $7.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20.83%. A quarter ago, it was expected that this cable provider would post earnings of $7.73 per share when it actually produced earnings of $8.25, delivering a surprise of 6.73%.Over the last four quarters ...
Charter Communications(CHTR) - 2023 Q4 - Earnings Call Presentation
2024-02-02 14:05
Fourth Quarter and Full Year 2023 Results Cautionary Statement Regarding Forward-Looking Statements This quarterly presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial. Although we believe that our plans, intentions and expectations as reflected in or suggested by these forw ...
Charter (CHTR) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks Investment Research· 2024-01-30 15:21
The upcoming report from Charter Communications (CHTR) is expected to reveal quarterly earnings of $8.90 per share, indicating an increase of 15.7% compared to the year-ago period. Analysts forecast revenues of $13.72 billion, representing an increase of 0.3% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 2.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates du ...
What's in Store for Charter Communications' (CHTR) Q4 Earnings?
Zacks Investment Research· 2024-01-30 14:11
Charter Communications (CHTR) is set to report its fourth-quarter 2023 results on Feb 2.The Zacks Consensus Estimate for fourth-quarter 2023 revenues is pegged at $13.72 billion, indicating a 0.34% increase from the year-ago quarter’s reported figure.The consensus mark for earnings dropped 0.1% to $8.93 per share in the past 30 days, suggesting a decline of 12.5% from the figure reported in the year-ago quarter.CHTR’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed ...
Charter Communications (CHTR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-01-26 16:06
The market expects Charter Communications (CHTR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected t ...
TelevisaUnivision and Charter Communications Announce Strategic Renewal, Expanding Distribution of Linear Networks with the Launch of New Streaming Offering
Prnewswire· 2024-01-22 18:22
New ViX Ad-Supported Premium Offering Added to Spectrum TV ExperienceTelevisaUnivision's U.S. Networks to be Included in New Spectrum Spanish-Language Streaming ProductMIAMI and STAMFORD, Conn., Jan. 22, 2024 /PRNewswire/ -- TelevisaUnivision and Charter Communications, Inc. (NASDAQ: CHTR) today announced a multi-year agreement to extend and expand their partnership. This agreement provides Spectrum customers with continued access to the most-watched Spanish-language news, sports and entertainment programmi ...
Charter Communications' (CHTR) Spectrum Expands in Alabama
Zacks Investment Research· 2024-01-19 17:01
Charter Communications' (CHTR) division, Spectrum, recently announced the launch of its Internet, mobile, TV, and voice services in Cullman County, AL, to serve more than 1,900 homes and small businesses.Spectrum’s portfolio of residential and business services includes Spectrum Internet, Spectrum Mobile, Spectrum TV, and more.Spectrum, through its Rural Digital Opportunity Fund, aims to bring gigabit broadband to unserved communities in Alabama and across other states in the United States. The company expe ...
SPECTRUM REACH SEEKING 250 UNDERSERVED BUSINESSES FOR 2024 'PAY IT FORWARD' PROGRAM
Prnewswire· 2024-01-17 16:05
Initiative will Provide Eligible Small Businesses Access to a Free Ad Campaign Worth $15,000, Plus Marketing and Creative Support, and Educational ResourcesNEW YORK, Jan. 17, 2024 /PRNewswire/ -- Spectrum Reach, the advertising sales business of Charter Communications, Inc., today announced it will offer 250 underserved small business owners nationwide access to its expert advertising and marketing resources through its 2024 "Pay It Forward" initiative, which is now accepting applications for this year's pr ...