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Charter Communications Earnings Beat, Revenue Misses In Q4

Stock MarketsJan 28, 2022 07:26AM ET

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Charter Communications Earnings Beat, Revenue Misses In Q4

Investing.com - Charter Communications (NASDAQ:CHTR) reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Charter Communications announced earnings per share of $8.93 on revenue of $13.21B. Analysts polled by Investing.com anticipated EPS of $7.05 on revenue of $13.25B.

Charter Communications shares are down 3% from the beginning of the year, still down 32.05% from its 52 week high of $825.62 set on September 2, 2021. They are outperforming the S&P Global 100 which is down 5.94% from the start of the year.

Charter Communications follows other major Communication Services sector earnings this month

Charter Communications's report follows an earnings beat by Comcast on Thursday, who reported EPS of $0.77 on revenue of $30.34B, compared to forecasts EPS of $0.7302 on revenue of $29.76B.

Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.31 on revenue of $34.1B, compared to forecast for EPS of $1.29 on revenue of $33.93B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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