Charter Communications Earnings Preview
Portfolio Pulse from Benzinga Insights
Charter Communications (NASDAQ:CHTR) is scheduled to release its quarterly earnings report on 2024-02-02, with analysts expecting an EPS of $8.68. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but followed by a 0.0% share price change. Over the last year, CHTR shares have declined by 7.15%, indicating a bearish sentiment among long-term shareholders. Investors will be keen on the company's guidance for future growth.

February 01, 2024 | 3:01 pm
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NEUTRAL IMPACT
Charter Communications is expected to report an EPS of $8.68 for the upcoming quarter. Historical performance shows mixed reactions to earnings announcements. Shares have declined by 7.15% over the past year, indicating bearish sentiment.
The expected EPS of $8.68 sets a specific benchmark for Charter Communications. Historical data indicates that the company's stock price can react variably to earnings reports, with the last quarter's beat followed by a neutral price change. The 7.15% decline over the past year suggests a bearish sentiment among long-term investors, which could temper any positive reaction to an earnings beat unless accompanied by strong future guidance. Therefore, the short-term impact on CHTR's stock price is uncertain, leaning towards neutral until the market can evaluate the earnings context and future outlook provided by the company.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100