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Charter (CHTR) Q1 Earnings Miss, Internet Revenues Rise Y/Y
Zacks Investment Research· 2024-04-26 14:26
Charter Communications (CHTR) delivered first-quarter 2024 earnings of $7.55 per share, which missed the Zacks Consensus Estimate by 2.8%. The reported figure increased 13.5% year over year.Revenues of $13.67 billion increased 0.2% on a year-over-year basis, driven by growth in residential mobile service, residential Internet and advertising sales revenues, partly offset by lower residential video revenues. The top line missed the consensus mark by 0.1%.Segmental DetailsResidential revenues totaled $10.8 bi ...
Charter Communications(CHTR) - 2024 Q1 - Earnings Call Presentation
2024-04-26 13:43
• Income tax expense $72M higher Y/Y primarily due to higher pretax income First Quarter 2024 Results 8 Capital Expenditures by NCTA Category $537 1Q23 | --- | --- | --- | |-------|-----------|-------| | | | | | $659 | $353 $514 | | | | | | | 3Q23 | 4Q23 | | | --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $328 | | | | | | | | | | $635 | | | | | 1Q24 | | | Sr. Sec. Notes due 2025-2063 1 st Lien Bank due 2025-2030 Total CCO • Y/Y incr ...
Charter Communications(CHTR) - 2024 Q1 - Quarterly Report
2024-04-26 11:03
Washington, D.C. 20549 ______________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to UNITED STATES ______________ Commission File Number: 001-33664 SECURITIES AND EXCHANGE COMMISSION FORM 10-Q Charter Communications, Inc. (Exact name of registrant as specified in its charter) Delawar ...
Charter Communications(CHTR) - 2024 Q1 - Quarterly Results
2024-04-26 11:01
Internet revenue grew by 1.9% year-over-year to $5.8 billion, driven by promotional rate step-ups and rate adjustments, partly offset by lower bundled revenue allocation. Charter Announces First Quarter 2024 Results • First quarter total residential and small and medium business ("SMB") Internet customers decreased by 72,000. As of March 31, 2024, Charter served a total of 30.5 million residential and SMB Internet customers. • As of March 31, 2024, Charter had a total of 32.0 million residential and SMB cus ...
What's in Store for Charter Communications (CHTR) in Q1 Earnings?
Zacks Investment Research· 2024-04-24 15:11
Charter Communications (CHTR) is set to report its first-quarter 2024 results on Apr 26.The Zacks Consensus Estimate for first-quarter 2024 revenues is pegged at $13.72 billion, indicating a 0.53% increase from the year-ago quarter’s reported figure.The consensus mark for earnings has moved down 11 cents to $7.67 per share in the past 30 days, suggesting an increase of 15.34% from the figure reported in the year-ago quarter.CHTR’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarte ...
Unveiling Charter (CHTR) Q1 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-23 14:21
In its upcoming report, Charter Communications (CHTR) is predicted by Wall Street analysts to post quarterly earnings of $7.67 per share, reflecting an increase of 15.3% compared to the same period last year. Revenues are forecasted to be $13.72 billion, representing a year-over-year increase of 0.5%.The consensus EPS estimate for the quarter has undergone a downward revision of 2.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed ...
John Malone Stepping Down As Director Emeritus At Charter
Deadline· 2024-04-19 23:12
Five years after John Malone retired from the board of directors at Charter Communications, he is exiting his post as the company’s director emeritus, Deadline has confirmed. The veteran exec and Liberty Media chairman, who has served on Charter’s board since 2008, cited the same Clayton Act concerns that led Steven A. Miron and Steven O. Newhouse to resign from the Warner Bros Discovery board early this month.  “I stepped away from my director emeritus role at Charter due to the uncertainty around Clayto ...
Charter Communications (CHTR) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-04-19 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Charter Communications (CHTR) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 26, 2024, might help the stock move higher if these key numbers are better ...
3 Internet Provider Stocks to Dump as Affordability Crisis Looms
InvestorPlace· 2024-04-17 20:56
Internet providers have enjoyed impressive stock performances, With larger-than-average dividends, consistency has persisted over their long life spans. However, the impending end of the Affordable Connectivity Program is stressing out Americans who use it to get a discount on their internet bills.These three internet provider stocks represent some of the worst-performing and overpriced options. So, they’re expected to take the biggest hits from the upcoming affordability crisis. Many people won’t be able t ...
SPECTRUM MOBILE LAUNCHES INNOVATIVE ANYTIME UPGRADE AND NEW LOW-COST DEVICE PROTECTION PLAN
Prnewswire· 2024-04-09 17:30
New Offerings Deliver More Value with Industry Leading Mobile Device Flexibility and ProtectionSTAMFORD, Conn., April 9, 2024 /PRNewswire/ -- Spectrum today announced the launch of two new features, delivering Spectrum Mobile customers more value, control and peace of mind. Anytime Upgrade, which is now included in the Spectrum Mobile1 Unlimited Plus data plan at no extra cost, allows new and existing customers to upgrade their phones whenever they want, as many times as they want, eliminating the tradition ...