Charter Communications shares are trading lower following Q4 results. The company missed EPS estimates and reported a loss of 62,000 residential Internet customers.
Portfolio Pulse from Benzinga Newsdesk
Charter Communications' shares dropped after the company reported its Q4 results, missing EPS estimates and revealing a loss of 62,000 residential Internet customers.
February 02, 2024 | 2:57 pm
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NEGATIVE IMPACT
Charter Communications' Q4 earnings miss and loss of residential Internet customers led to a decline in its stock price.
The negative earnings report, specifically missing EPS estimates and the loss of a substantial number of residential Internet customers, directly impacts investor sentiment and the perceived value of Charter Communications, leading to a decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100