Citi: Charter Has Strong Operating Metrics
According to a research report published this morning by Citi, Charter Communications' (NASDAQ: CHTR) 4Q revenues were in-line with expectations.
In the report, Citi commented, “EBITDA was flat at $686 million, 2% below our estimate but in line with the consensus. Reported diluted EPS of ($0.63) was below our ($0.17) estimate and the ($0.32) consensus.”
Citi maintains its Buy rating and $71 PT on Charter, which is currently trading at $62.60.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.