CHTR
Charter: Q2 Earnings Snapshot
Article Summary
HOLD- Charter Communications Inc. (CHTR) reported second-quarter net income of $1.29 billion on Friday, with profit of $10.66 per share, beating expectations for earnings of $9.96 per share.
- The cable provider posted revenue of $13.53 billion in the period, also beating expectations, with revenue exceeding seven analysts surveyed by Zacks.
- Charter reported revenue growth of 2.7% year over year, with net income up 2.8% and revenue up 1.8%.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -0.9% | 25% | 0.0 ptsDeclining (-0.9%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 13.0% | 25% | 35.0 ptsBelow Screener (13.0%) - Modest outlook |
| Target Price Upside ? | 94.4% | 20% | 100.0 ptsMassive Upside (94.4%) - Target: $234.65 vs Current: $120.69 |
| Gross Margin % ? | 46.2% | 15% | 60.0 ptsSolid (46.2%) - Decent margins |
| Drawdown from 52-Wk High ? | -69.7% | 15% | 100.0 ptsDeep Discount (-69.7%) - Best entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About CHTR
- Charter Communications, Inc. operates as a broadband connectivity company in the United States.
- The company offers subscription-based internet, mobile, video, and voice services; broadband connectivity services, including fixed internet, WiFi, and mobile; Spectrum internet products; advanced WiFi services; and in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their wireless internet experience.
- It also offers wireline voice communications services using voice over internet protocol technology; Call Guard, an advanced caller ID and robocall blocking solution; video programming and video services, including access to an interactive programming guide with parental controls, video on demand and pay-per-view services; and broadband communications solutions, such as internet access, data networking, fiber connectivity, video entertainment, and business telephone services.
- In addition, the company provides advertising services on cable television networks, various streaming services, and advertising platforms for local, regional and national businesses.
- Further, it offers production and technical services for regional sports networks; owns and manages local news channels, including Spectrum News NY1® and Spectrum News SoCal; and delivers broadband connectivity solutions to apartments, single-family gated communities, off-campus student housing, senior residences, and RV parks.
- The company was founded in 1993 and is headquartered in Stamford, Connecticut.