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Charter Stock Falls Sharply In Wake Of Q2 Earnings Miss; CEO Chris Winfrey Calls Streaming A Boon To Pay-TV Bundle
Deadline· 2025-07-25 16:28
Charter Communications stock was down sharply in mid-day trading Friday after the company reported second-quarter earnings well below Wall Street expectations. The Spectrum cable and broadband provider said its second-quarter adjusted earnings came in at $9.18 a share and revenue hit almost $13.8 billion. While revenue met analysts’ consensus expectation, the profit figure fell way short of the Street’s consensus forecast of $9.58. Shares in Charter were down 18% midway through Friday’s session, on more t ...