Charter (CHTR) Q1 Earnings Miss, Internet Revenues Rise Y/Y
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 ...