Charter Communications on Friday topped Wall Street estimate for first-quarter revenue and added more subscribers than expected for its mobile services, thanks to strong demand for its bundled plans.
Beyond analysts' top -and-bottom-line estimates for Charter (CHTR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
Charter (CHTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Charter (CHTR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Charter Communications' shares have gained 35% in the past year, driven by strategic M&A and effective management amid cord-cutting trends. The acquisition of Liberty Broadband will simplify Charter's capital structure, reduce share count, and is expected to be accretive, enhancing financial stability. Charter's mobile segment shows strong growth, offsetting declines in legacy products, with mobile revenue rising 37% and customer retention improving post-promotional pricing.
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Liberty Broadband preferred stock, soon to be Charter Communications preferreds, offers unique and attractive features for retail investors, inherited from CGI Alaska's original issuance. The merger between Liberty Broadband and Charter Communications simplifies the financing structure, with the transaction expected to close by June 30, 2027. Charter Communications, a top-tier telco, confirms it will respect the original attractive features of the preferred stock, making it a rare find for retail investors.
The Investment Committee give you their top stocks to watch for the second half.
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).