Charter Communications Earnings Beat, Revenue Misses In Q1
2022.04.29 14:37
Charter Communications Earnings Beat, Revenue Misses In Q1
Investing.com – Charter Communications (NASDAQ:CHTR) reported on Friday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Charter Communications announced earnings per share of $6.9 on revenue of $13.2B. Analysts polled by Investing.com anticipated EPS of $6.56 on revenue of $13.21B.
Charter Communications shares are down 29.22% from the beginning of the year, still down 44.10% from its 52 week high of $825.62 set on September 2, 2021. They are under-performing the Nasdaq which is down 17.73% from the start of the year.
Charter Communications follows other major Communication Services sector earnings this month
Charter Communications’s report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.75 on revenue of $68.08B.
Alphabet A had missed expectations on Tuesday with first quarter EPS of $24.62 on revenue of $68.01B, compared to forecast for EPS of $25.89 on revenue of $68.08B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
