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Charter’s Q4 2018 Revenue: Analysts’ Expectations

Andrew Smith
Charter’s Q4 2018 Revenue: Analysts’ Expectations

What’s Expected for Charter Communications’ Q4 2018 Results(Continued from Prior Part)## Charter’s revenue in Q4 2018Previously, we looked at analysts’ expectations for Charter Communications’ (CHTR) fourth-quarter earnings. Let’s now look at their revenue estimates.They expect Charter’s total revenue to rise ~5.0% YoY (year-over-year) to $11.1 billion in the fourth quarter. In the third quarter, Charter’s pro forma revenue rose ~4.1% YoY to $10.9 billion, $43 million short of analysts’ consensus estimate. Its revenue was boosted by ongoing growth in the company’s residential and commercial segments.In the third quarter, Charter’s residential services revenue rose ~3.3% YoY to $8.7 billion, while its commercial services revenue rose ~4.3% YoY to $1.6 billion. The company’s advertising revenue rose ~18% YoY to $440 million, and it reported mobile revenue of $17 million.## Peer comparisonIn the quarter ended December 31, Comcast’s (CMCSA) total revenue is expected to have grown ~26.0% YoY to $27.6 billion, while Frontier Communications’ (FTR) is expected to have fallen ~6.1% YoY to $2.1 billion. In the integrated US telecom space, Verizon’s (VZ) total revenue is expected to have grown ~1.3% YoY to $34.4 billion, and AT&T’s (T) is expected to have risen ~15.9% YoY to $48.5 billion.Continue to Next PartBrowse this series on Market Realist: * Part 1 - What’s Expected for Charter Communications’ Q4 2018 Results * Part 3 - A Look at Charter’s Expected EBITDA Growth in Q4 2018 * Part 4 - Estimates for Charter’s Q4 2018 Video Customer Acquisitions