Investing.com - Charter Communications (NASDAQ:CHTR) reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Charter Communications announced earnings per share of $3.28 on revenue of $11.76B. Analysts polled by Investing.com anticipated EPS of $2.51 on revenue of $11.72B. That with comparison to EPS of $1.29 on revenue of $11.23B in the same period a year before. Charter Communications had reported EPS of $1.74 on revenue of $11.45B in the previous quarter. Analysts are expecting EPS of $2.51 and revenue of $11.77B in the upcoming quarter.
Charter Communications shares are up 1.63% from the beginning of the year , still down 4.66% from its 52 week high of $517.07 set on January 15. They are under-performing the Nasdaq which is up 2.87% year to date.
Charter Communications follows other major Services sector earnings this month
Charter Communications's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.05 on revenue of $85.97B.
Visa A had matched expectations on Thursday with first quarter EPS of $1.46 on revenue of $6.05B, compared to forecast for EPS of $1.46 on revenue of $6.07B.
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