Charter Communications Earnings, Revenue Beat in Q2
2022.07.29 14:38
Charter Communications Earnings, Revenue Beat in Q2
Investing.com – Charter Communications (NASDAQ:CHTR) reported on Friday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Charter Communications announced earnings per share of $8.8 on revenue of $13.6B. Analysts polled by Investing.com anticipated EPS of $7.13 on revenue of $13.43B.
Charter Communications shares are down 33.19% from the beginning of the year, still down 47.24% from its 52 week high of $825.62 set on September 2, 2021. They are under-performing the S&P 500 which is down 14.56% 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 $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.28 on revenue of $70.04B.
Meta Platforms had missed expectations on Wednesday with second quarter EPS of $2.46 on revenue of $28.82B, compared to forecast for EPS of $2.56 on revenue of $28.94B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
