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Barchart
Barchart
Kritika Sarmah

Earnings Preview: What to Expect From Charter Communications' Report

With a market cap of $47.5 billion, Charter Communications, Inc. (CHTR) operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. Based in Stamford, Connecticut, the company offers subscription-based internet, video, and mobile and voice services, a suite of broadband connectivity services, including fixed internet, WiFi, and mobile.

The telecom firm is expected to report its Q1 earnings on Friday, Apr. 25, before the market opens. Ahead of the event, analysts expect CHTR to report a profit of $8.63 per share, up 14.3% from a profit of $7.55 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in three of the past four quarters, while missing in only one quarter. In the previous quarter, it reported EPS of $10.10, which surpassed the consensus estimate by 5.9%, driven by solid growth in its total mobile lines.

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