Investing.com - Charter Communications (NASDAQ:CHTR) reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Charter Communications announced earnings per share of $7.51 on revenue of $13.60. Analysts polled by Investing.com anticipated EPS of $8.36 on revenue of $13.68B.
Charter Communications shares are down 45.51% from the beginning of the year, still down 50.00% from its 52 week high of $710.55 set on October 28, 2021.
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 $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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