Charter Communications (CHTR) Scheduled to Post Earnings on Friday

Charter Communications (NASDAQ:CHTR) is set to post its quarterly earnings results before the market opens on Friday, April 26th. Analysts expect Charter Communications to post earnings of $7.78 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results on Friday, February 2nd. The company reported $7.07 EPS for the quarter, missing the consensus estimate of $8.76 by ($1.69). The business had revenue of $13.71 billion during the quarter, compared to the consensus estimate of $13.70 billion. Charter Communications had a net margin of 8.35% and a return on equity of 32.32%. The company’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.69 EPS. On average, analysts expect Charter Communications to post $32 EPS for the current fiscal year and $35 EPS for the next fiscal year.

Charter Communications Trading Up 0.5 %

NASDAQ CHTR opened at $266.31 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 6.51. The firm has a market cap of $38.68 billion, a PE ratio of 8.87, a price-to-earnings-growth ratio of 0.46 and a beta of 0.96. The company has a 50 day moving average price of $283.08 and a 200 day moving average price of $350.67. Charter Communications has a 52 week low of $254.31 and a 52 week high of $458.30.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. JPMorgan Chase & Co. dropped their target price on shares of Charter Communications from $370.00 to $335.00 and set a “neutral” rating on the stock in a research report on Monday, April 1st. Rosenblatt Securities lowered their price target on shares of Charter Communications from $334.00 to $297.00 and set a “neutral” rating on the stock in a report on Monday, April 15th. Pivotal Research lowered their price target on shares of Charter Communications from $500.00 to $450.00 and set a “buy” rating on the stock in a report on Monday, February 5th. Sanford C. Bernstein raised shares of Charter Communications from a “market perform” rating to an “outperform” rating and set a $370.00 price target on the stock in a report on Monday, March 18th. Finally, UBS Group reduced their price objective on shares of Charter Communications from $360.00 to $325.00 and set a “neutral” rating for the company in a research report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $380.80.

Charter Communications Company Profile

Charter Communications, Inc operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services.