Charter: Q1 Earnings Snapshot
By AP News
Published - Apr 28, 2023, 07:15 AM ET
Last Updated - Jun 22, 2023, 02:26 AM EDT
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Charter Communications Inc. (CHTR) on Friday reported first-quarter profit of $1.02 billion.
The Stamford, Connecticut-based company said it had profit of $6.65 per share.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $7.21 per share.
The cable provider posted revenue of $13.65 billion in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $13.57 billion.
