Investing.com - Charter Communications (NASDAQ:CHTR) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Charter Communications announced earnings per share of $6.9 on revenue of $13.2B. Analysts polled by Investing.com anticipated EPS of $6.56 on revenue of $13.21B.
Charter Communications shares are down 29.22% from the beginning of the year and are trading at $461.49 , down-from-52-week-high.They are under-performing the S&P 500 which is down 10.04% from the start of the year.
Charter Communications follows other major Communication Services sector earnings this month
Charter Communications's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.75 on revenue of $68.08B.
Alphabet A had missed expectations on Tuesday with first quarter EPS of $24.62 on revenue of $68.01B, compared to forecast for EPS of $25.89 on revenue of $68.08B.
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