Charter tops earnings expectations

Dow Jones

2021-07-30

MW Charter tops earnings expectations

Charter Communications Inc. [s; CHTR] topped earnings and revenue expectations Friday amid momentum in its internet, mobile, and advertising businesses. The company posted net income of $1.02 billion, or $5.29 a share, up from $766 million, or $3.63 a share, in the year-prior quarter. Analysts tracked by FactSet were projecting $4.79 in earnings per share. Charter's revenue for the period increased to $12.80 billion to $11.70 billion, whereas analysts were modeling $12.62 billion. Charter added 365,000 residential internet customers in the second quarter, compared with 842,000 in the second quarter of 2020 and 221,000 in the second quarter of 2019. Charter's residential video customers fell by 63,000, whereas the company posted an increase of 102,000 in the second quarter last year and a decrease of 150,000 in the second quarter of 2019. Charter shares have risen 6% over the past three months as the S&P 500 has increased 5%.

-Emily Bary

$(END)$ Dow Jones Newswires

July 30, 2021 07:33 ET (11:33 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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[s; CHTR] topped earnings and revenue expectations Friday amid momentum in its internet, mobile, and advertising businesses. The company posted net income of $1.02 billion, or $5.29 a share, up from $766 million, or $3.63 a share, in the year-prior quarter. Analysts tracked by FactSet were projecting $4.79 in earnings per share. Charter's revenue for the period increased to $12.80 billion to $11.70 billion, whereas analysts were modeling $12.62 billion. Charter added 365,000 residential internet customers in the second quarter, compared with 842,000 in the second quarter of 2020 and 221,000 in the second quarter of 2019. Charter's residential video customers fell by 63,000, whereas the company posted an increase of 102,000 in the second quarter last year and a decrease of 150,000 in the second quarter of 2019. Charter shares have risen 6% over the past three months as the S&amp;P 500  has increased 5%. \n</p>\n<p>\n  -Emily Bary \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 30, 2021 07:33 ET (11:33 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Charter tops earnings expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCharter tops earnings expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-30 19:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Charter tops earnings expectations\n</p>\n<p>\n  <a href=\"https://laohu8.com/S/CHTR\">Charter Communications</a> Inc. [s; CHTR] topped earnings and revenue expectations Friday amid momentum in its internet, mobile, and advertising businesses. The company posted net income of $1.02 billion, or $5.29 a share, up from $766 million, or $3.63 a share, in the year-prior quarter. Analysts tracked by FactSet were projecting $4.79 in earnings per share. Charter's revenue for the period increased to $12.80 billion to $11.70 billion, whereas analysts were modeling $12.62 billion. Charter added 365,000 residential internet customers in the second quarter, compared with 842,000 in the second quarter of 2020 and 221,000 in the second quarter of 2019. Charter's residential video customers fell by 63,000, whereas the company posted an increase of 102,000 in the second quarter last year and a decrease of 150,000 in the second quarter of 2019. Charter shares have risen 6% over the past three months as the S&amp;P 500  has increased 5%. \n</p>\n<p>\n  -Emily Bary \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 30, 2021 07:33 ET (11:33 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHTR","symbol_name":"特许通讯","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2155158152","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2155158152","pubTimestamp":1627644780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"MW Charter tops earnings expectations\n\n\nCharter Communications Inc. [s; CHTR] topped earnings and re","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CHTR":"特许通讯"},"translate_title":"特许经营超过收益预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHFN":1,"CHTR":1},"content_text":"MW Charter tops earnings expectations\n\n\nCharter Communications Inc. [s; CHTR] topped earnings and revenue expectations Friday amid momentum in its internet, mobile, and advertising businesses. The company posted net income of $1.02 billion, or $5.29 a share, up from $766 million, or $3.63 a share, in the year-prior quarter. Analysts tracked by FactSet were projecting $4.79 in earnings per share. Charter's revenue for the period increased to $12.80 billion to $11.70 billion, whereas analysts were modeling $12.62 billion. Charter added 365,000 residential internet customers in the second quarter, compared with 842,000 in the second quarter of 2020 and 221,000 in the second quarter of 2019. Charter's residential video customers fell by 63,000, whereas the company posted an increase of 102,000 in the second quarter last year and a decrease of 150,000 in the second quarter of 2019. Charter shares have risen 6% over the past three months as the S&P 500  has increased 5%. \n\n\n  -Emily Bary \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  July 30, 2021 07:33 ET (11:33 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}