Investing.com - Charter Communications (NASDAQ:CHTR) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Charter Communications announced earnings per share of $3.9 on revenue of $12.04B. Analysts polled by Investing.com anticipated EPS of $3.03 on revenue of $12.06B.
Charter Communications shares are up 18.74% from the beginning of the year and are trading at $576.00 , down-from-52-week-high.They are under-performing the Nasdaq which is up 24.66% from the start of the year.
Charter Communications follows other major Services sector earnings this month
Charter Communications's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.37 on revenue of $92.6B.
Visa A had beat expectations on Wednesday with fourth quarter EPS of $1.12 on revenue of $5.1B, compared to forecast for EPS of $1.09 on revenue of $5B.
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