Charter Communications Earnings beat, Revenue misses In Q3 By Investing.com
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Investing.com – Charter Communications (NASDAQ:) reported third quarter that beat analyst’s expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.11 on revenue of $10.89B. Analysts polled by Investing.com anticipated EPS of $1.09 on revenue of $10.96B. That compared to EPS of $0.19 on revenue of $10.46B in the same period a year earlier. The company had reported EPS of $1.15 on revenue of $10.85B in the previous quarter.
For the year, Charter Communications shares are down 6.98%, under-performing the Nasdaq which is up 5.49% year to date.
Charter Communications follows other major Services sector earnings this month
On Thursday, Amazon.com (NASDAQ:) reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.09B.
Visa (NYSE:) earnings beat analyst’s expectations on Wednesday, with fourth quarter EPS of $1.21 on revenue of $5.43B. Investing.com analysts expected EPS of $1.2 on revenue of $5.43B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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The post Charter Communications Earnings beat, Revenue misses In Q3 By Investing.com appeared first on MusicCosmoS.
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