Charter Communications Q3 EPS $8.25 Beats $7.94 Estimate, Sales $13.58B Miss $13.63B Estimate
Portfolio Pulse from Benzinga Newsdesk
Charter Communications reported Q3 earnings of $8.25 per share, beating the analyst consensus estimate of $7.94 by 3.9%. This is an 11.79% increase from the same period last year. However, the company's quarterly sales of $13.58 billion missed the analyst consensus estimate of $13.63 billion by 0.34%.
October 27, 2023 | 11:07 am
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NEUTRAL IMPACT
Charter Communications' Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Charter Communications' earnings beat could boost investor confidence, but the sales miss might offset this positive sentiment. The net impact on the stock price could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100