Charter Communications Q2 2024 GAAP EPS $8.49 Beats $7.95 Estimate, Sales $13.685B Beat $13.589B Estimate
Portfolio Pulse from Benzinga Newsdesk
Charter Communications reported Q2 2024 GAAP EPS of $8.49, beating the estimate of $7.95. Sales were $13.685 billion, surpassing the expected $13.589 billion.
July 26, 2024 | 11:02 am
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Charter Communications reported better-than-expected Q2 2024 earnings and sales, with GAAP EPS of $8.49 beating the $7.95 estimate and sales of $13.685 billion surpassing the $13.589 billion estimate.
The better-than-expected earnings and sales figures are likely to positively impact Charter Communications' stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100