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Charter Communications Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. Charter Communications Revenue Beats in Q3

Investing.com Charter Communications (NASDAQ: ) On Friday, the third quarter ended with revenue surpassing expectations. Analysts’ estimates were beaten by this report.

Charter Communications reported earnings per share at $6.5 on $13.15 billion in revenue. Investing.com polled analysts and predicted an EPS of 5.69 for revenue of $13.15B.

Charter Communications shares have increased by 6.76% since the start of the year. However, they are still 14.46% below their 52-week high of $825.62 on September 2. They are under-performing the S&P 500 which is up 22.37% from the start of the year.

Charter Communications is following other notable earnings in the Services sector this month

Charter Communications reports on a disappointing earnings report from Amazon.com, which reported an EPS of $6.12 on $110.81B revenue, while forecasts called for an EPS $8.91 on $111.62B revenue.

Visa A exceeded expectations with a fourth quarter EPS (EPS) of $1.62 on revenue $6.56B. That compares to EPS forecasted at $1.55 on $6.52B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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