Charter Communications Q2 EPS $8.05 Beats $7.66 Estimate, Sales $13.66B Miss $13.85B Estimate
Portfolio Pulse from Benzinga Newsdesk
Charter Communications reported Q2 earnings of $8.05 per share, beating the analyst consensus estimate of $7.66 by 5.09%. However, the company's quarterly sales of $13.66 billion missed the analyst consensus estimate of $13.85 billion by 1.35%. This represents a 8.52% decrease in earnings and a 0.45% increase in sales compared to the same period last year.
July 28, 2023 | 11:01 am
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Charter Communications' Q2 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Charter Communications' earnings beat could be seen as a positive sign by investors, potentially driving the stock price up. However, the missed sales estimate could counteract this effect, leading to a neutral overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100