CHTR Stock Recent News
CHTR LATEST HEADLINES
Charter (CHTR) announces advanced WiFi for Spectrum Business customers.
Harmonic stock jumped on a new contract to supply cable TV network equipment to Charter Communications. Analysts speculated on the deal's size.
Charter Communications, Inc. has historically beaten the market. I don't think it will continue to do so, and the future is murky given the company's capital position.
Charter Communications Inc. topped expectations with its broadband subscriber numbers Friday while posting a sizable haul of wireless subscribers.
Charter's (CHTR) fourth-quarter 2022 results reflect continued growth in residential, mobile and advertising revenues.
Charter Communications, Inc. (NASDAQ:CHTR ) Q4 2022 Earnings Conference Call January 27, 2023 8:30 AM ET Company Participants Stefan Anninger - Head of Investor Relations Christopher Winfrey - CEO Jessica Fischer - CFO Thomas Rutledge - Executive Chairman Conference Call Participants Jonathan Chaplin - New Street Research Vijay Jayant - Evercore ISI Craig Moffett - MoffettNathanson Philip Cusick - JPMorgan Kutgun Maral - RBC Capital Markets Douglas Mitchelson - Credit Suisse Benjamin Swinburne - Morgan Stanley Operator Hello, and welcome to Charter Communications' Fourth Quarter 2022 Investor Call. [Operator Instructions] I will now turn the call over to Stefan Anninger.
Charter (CHTR) delivered earnings and revenue surprises of -4.23% and 0.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Charter Communications Inc. CHTR, +1.64% fell short of earnings expectations for the fourth quarter but posted a larger haul of net new internet subscribers than it had seen in the third quarter. The cable company generated net income of $1.20 billion, or $7.79 a share, compared with $1.61 billion, or $9.17 a share, in the year-before quarter.
Charter Communications remains far below its 52-week-high. It has a very strong track record of shareholder returns and is investing in its infrastructure.
Charter' (CHTR) fourth-quarter 2022 earnings are expected to have been affected by sluggish growth in the Internet subscriber base.