Charter Communications reported better-than-expected Q2 earnings, with revenue of $13.69bn and EPS of $8.49.
Charter Communications reported better-than-expected Q2 earnings, with revenue of $13.69bn, up 0.2% YoY, and EPS of $8.49, surpassing analyst estimates. Despite losing 154,000 residential internet customers, analysts at Wells Fargo raised their price target to $350, while Bank of America increased their target to $385. Charter Communications stock gained 16.6% to close at $367.62 on Friday.
July 29, 2024
3 Articles