Investing.com - Charter Communications reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Charter Communications announced earnings per share of $8.93 on revenue of $13.21B. Analysts polled by Investing.com EPS of $7.05 on revenue of $13.25B.
Charter Communications 's are down 3% and is trading at $561.03 , still down 32.05% from its 52 week high of $825.62 set on Thursday, September 2, 2021.
Charter Communications follows other major Communication Services sector earnings this month
Charter Communications's report follows an earnings beat by Comcast on Thursday, who reported EPS of $0.77 on revenue of $30.34B, EPS of $0.7302 on revenue of $29.76B.
Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.31 on revenue of $34.1B, for EPS of $1.29 on revenue of $33.93B.
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