Charter Communications Inc reports results for the quarter ended June 30 - Earnings Summary

• Charter Communications Inc CHTR.OQ reported quarterly adjusted earnings of $9.18​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $8.49. The mean expectation of seventeen analysts for the quarter was for earnings of $9.77 per share. Wall Street expected results to range from $8.04 to $11.39 per share.

• Revenue rose 0.6% to $13.77 billion from a year ago; analysts expected $13.76 billion.

• Charter Communications Inc's reported EPS for the quarter was $9.18​.

• The company reported quarterly net income of $1.3 billion.

• Charter Communications Inc shares had fallen by 7.0% this quarter and gained 10.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 8 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."

• Wall Street's median 12-month price target for Charter Communications Inc is $452.50, about 16% above its last closing price of $380.00

This summary was machine generated from LSEG data July 25 at 12:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)