Why Charter Communications Stock Just Crashed 15%
Charter Communications(US:CHTR) The Motley Fool·2024-02-02 18:59Shares of Charter Communications (CHTR -16.28%), the cable and internet company behind Spectrum Internet, tumbled 15.7% through 12:45 p.m. ET on Friday after the company reported a big miss on its fourth-quarter earnings this morning.Heading into the quarter, analysts had forecast Charter would earn $8.68 per share on sales of $13.7 billion. Charter nailed the sales estimate, but missed badly on earnings, reporting a profit of only $7.07 per share. Charter Q4 sales and earningsCharter reported a 61,000-cust ...