Charter Communications Earnings Beat, Revenue Misses In Q1 -Breaking
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© Reuters. Charter Communications beats revenue in quarter oneInvesting.com – Charter Communications (NASDAQ:) Friday’s first quarter report showed revenue that was below analysts’ expectations and beat forecasts.
Charter Communications reported earnings per share at $6.9 on $13.2 billion in revenue. Investing.com polled analysts and predicted an EPS of $6.56 for revenue of $13.21B.
Charter Communications shares have fallen 29.22% since the start of the year. However, they are still 44.10% below their 52-week high of $825.62 on September 2, 2021. The Nasdaq is performing worse than Charter Communications, which has fallen 17.73% since the beginning of the year.
Charter Communications is following other significant earnings in the Communication Services sector this month
Charter Communications reports on Alphabet C’s earnings miss on Tuesday. They reported EPS at $24.62 for revenue of $68.01B. Forecasts were for EPS at $25.75 for revenue of $68.08B.
On Tuesday, Alphabet A missed its expectations with a first quarter EPS at $24.62 on $68.01B in revenue. This compares to a forecast of EPS at $25.89 for $68.08B.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
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