Charter Communications Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Earnings Report - Charter Communications is set to release its second-quarter earnings results on July 25, with expected earnings of $9.78 per share, an increase from $8.49 per share in the same period last year [1] - The company projects quarterly revenue of $13.76 billion, slightly up from $13.69 billion a year earlier [1] Recent Developments - On July 22, Charter and Comcast announced a partnership to utilize T-Mobile 5G for their wireless business customers [2] - Following this announcement, Charter Communications shares fell by 4.6%, closing at $380.00 [2] Analyst Ratings - UBS analyst John Hodulik maintained a Neutral rating and raised the price target from $400 to $425 [4] - Loop Capital analyst Alan Gould upgraded the stock from Hold to Buy, increasing the price target from $430 to $510 [4] - Citigroup analyst Michael Rollins maintained a Buy rating and raised the price target from $425 to $445 [4] - Wells Fargo analyst Steven Cahall maintained an Equal-Weight rating and increased the price target from $380 to $400 [4] - Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and raised the price target from $385 to $415 [4]