Here is how Charter Communications (CHTR) and Live Nation (LYV) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Charter (CHTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Charter Communications, Inc. (NASDAQ:CHTR ) Q4 2024 Earnings Conference Call January 31, 2025 8:30 AM ET Company Participants Stefan Anninger - Investor Relations Chris Winfrey - President & Chief Executive Officer Jessica Fischer - Chief Financial Officer Conference Call Participants Jonathan Chaplin - New Street Research Benjamin Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Sebastiano Petti - JPMorgan Jessica Reif Ehrlich - Bank of America Kutgun Maral - Evercore ISI Operator Hello, and welcome to Charter Communications Fourth Quarter and Full Year 2024 Investor Call. We ask that you please hold all questions until the completion of the formal remarks, at which time, you will be given instructions for the question-and-answer session.
CHTR's fourth-quarter 2024 results reflect continued growth in residential Internet sales and residential mobile service revenues.
Although the revenue and EPS for Charter (CHTR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Charter Communications (CHTR) came out with quarterly earnings of $10.10 per share, beating the Zacks Consensus Estimate of $9.54 per share. This compares to earnings of $7.07 per share a year ago.
The Spectrum cable owner reported its fourth-quarter earnings on Friday, beating Wall Street's expectations.
Charter Communications, which offers TV, internet and wireless services under the Spectrum brand, reported fourth-quarter results that exceeded Wall Street expectations. Earnings per share of $10.10 soared above the Street's consensus outlook for $9.22. Revenue of $13.9 billion was close to the estimate of $13.88 billion.
Charter Communications' stock price remains under pressure as the cable industry faces major challenges amid cord-cutting. On Thursday, the CHTR stock closed at $336, down about 60% from its highest level in 2021.