Charter: Q4 Earnings Snapshot
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Charter Communications Inc. (CHTR) on Friday reported fourth-quarter profit of $1.06 billion.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of $7.07.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $8.93 per share.
The cable provider posted revenue of $13.71 billion in the period, which also fell short of Street forecasts. Seven analysts surveyed by Zacks expected $13.72 billion.
For the year, the company reported profit of $4.56 billion, or $29.99 per share. Revenue was reported as $54.61 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHTR at https://www.zacks.com/ap/CHTR
